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Katarina [22]
2 years ago
7

A company finds that there is a linear relationship between the amount of money that it spends on advertising and the number of

units it sells. If it spends no money on advertising it sells 100 units. For each additional $2500 spent, an additional 25 units are sold. If x is the amount of money that the company spends on advertising, find a formula for y, the number of units sold as a function of x. (do not use commas in your formula)
Business
1 answer:
ser-zykov [4K]2 years ago
4 0

Answer:

y = (x / 100) + 100

Explanation:

First, we need to know the amount of money that it spends on advertising for each extra unit sold. That would be equal to: 2,500 / 25 = 100

This value will be the divisor of the advertising expense (x) to obtain the variable factor of the number of units.

Since 100 units are already sold without investment, this value is taken as fixed and added.

And with the previous data, the formula remains:

y = (x / 100) + 100

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kvasek [131]

Answer:

Limit order.

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8 0
2 years ago
What is the rate of interest on a loan of $2,000, for 284 days, if the amount of interest is $93.37, using the exact interest me
vesna_86 [32]

Exact interest method is using 365 days instead of 360.

 

We are going to use the formula: I = Prt, we will derived the formula of rate.

r = I /Pt would be our formula, plugging in our amounts.

r = 93.37 / 2000 / (284/365)

= 93.37 / 2000 (0.7781)

= 93.37 / 1556.1643

= 0.06 or 6% when converted to percent.

 

To check:

I = Prt

= 2000 x 0.06 x 284/365

= 120 x 0.7781

= 93.37

4 0
3 years ago
Larkin Company accumulated the following standard cost data concerning product I-Tal.
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Answer:

Standard cost per unit= $282.6

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Giving the following information:

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Direct labor per unit: 9.00 hours at $12 per hour

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The standard cost per unit is the sum of direct material. direct labor, and allocated overhead:

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3 years ago
The interest rate on a 10-year corporate bond for a company with AA rating will be higher than for a 10-year bond for a company
Alex_Xolod [135]

Answer:

The interest rate on a 10-year corporate bond for a company with AA rating will be higher than for a 10-year bond for a company with a BBB- rating.

True

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