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stiv31 [10]
3 years ago
5

Suppose a firm in a competitive market earned $1,000 in total revenue and had a marginal revenue of $10 for the last unit produc

ed and sold. What is the average revenue per unit, and how many units were sold?
Mathematics
1 answer:
aleksklad [387]3 years ago
5 0

Answer:

      $5 and 50 units

Step-by-step explanation:

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The chemistry class was making 300 gallons of 30% isopropyl alcohol. They mixed 12% with 42%. How much of each did they use?
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Answer:

<u>The chemistry class mixed 120 gallons of 12% isopropyl alcohol and 180 gallons of 42% isopropyl alcohol.</u>

Step-by-step explanation:

1. Let's review the information given to us to answer the question correctly:

Amount of isopropyl alcohol made by the chemistry class = 300 of 30%

Amount of 12% isopropyl alcohol mixed by the chemistry class = x

Amount of 42% isopropyl alcohol mixed by the chemistry class = 300 - x

2. How much of each did they use?

Let's write our equation to solve for x, this way:

30% = 0.3, 12% = 0.12, 42% = 0.42

0.12x + 0.42 (300 - x) = 0.3 * 300

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<u>Let's prove x = 120 is correct</u>

0.12x + 0.42 (300 - x) = 0.3 * 300

0.12 * 120 + 0.42 (300 - 120) = 0.3 * 300

14.4 + 75.6 = 90

90 = 90

<u>We proved x = 120 is correct</u>

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