1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Eduardwww [97]
2 years ago
10

Without using calculus or any other advanced math, the MS Solver plug-in can be used to find the input value for x that results

in a maximum value for a function f(x). The price x is in the Solver "variable cell" and the function 1000x – 300x^2 is the Solver "objective." Question: What is the price x that maximizes weekly revenues?

Business
1 answer:
erik [133]2 years ago
4 0

Answer:

The weekly revenue is maximum at x=1.67.

Explanation:

The given function is

f(x)=1000x -300x^2         .... (1)

where, f(x) is the total revenue at price x.

We need to find the price x at which the weekly revenue is maximum.

The leading coefficient of the given function is -300, which is a negative number. So, it is a downward parabola and vertex of a downward parabola is the the point of maxima.

If a parabola is defined as

g(x)=ax^2+bx+c           ... (2)

then the vertex of the function is

(-\frac{b}{2a},g(-\frac{b}{2a}))

From (1) and (2) it is clear that

a=-300,b=1000, c=0

The given function is maximum at

-\frac{b}{2a}=-\frac{1000}{2(-300)}

-\frac{b}{2a}=\frac{10}{6}

-\frac{b}{2a}=1.66667

-\frac{b}{2a}\approx 1.67

Therefore the weekly revenue is maximum at x=1.67.

You might be interested in
Reliable Industries is a maker of component parts in heating and cooling ventilation systems. The company is looking for a site
sladkih [1.3K]

Answer: facility location

Explanation:

Based on the information given, it can be infered that Reliable Industries is in the process of facility location.

Facility Location simply refers to the selection of the rightt location for the manufacturing facility. The location selected should be easily accessible for the customers and transportation.

Selecting a suitable facility location is essential for an effective operation.

4 0
2 years ago
on december 1, bright company receives a 6% interest-bearing note from galvalume company to settle a $20,000 account receivable.
andreyandreev [35.5K]

At December 31, bright should record interest revenue of $100. Money gained by lending money or money acquired from depositing or investing can both be referred to as interest revenue.

Is interest revenue a liability or an asset?

If a company anticipates receiving the interest payment within the year, it typically records the interest receivable as a current asset on its balance sheet. Companies that collect interest from loans view this revenue as a significant source of income that belongs at the top of the income statement. It is the price of taking out a loan from a bank, financial institution, bond buyer, or another lender. In order to assist a business finance its operations, such as the acquisition of rival businesses or machinery, plant, and property, interest expense is incurred.

To learn more about interest revenue, refer to:

brainly.com/question/27992328

3 0
10 months ago
Whom do progressive taxes asses
grin007 [14]

Answer

Hi,

Progressive tax assesses a taxpayer’s ability to pay. Higher rates are on the wealthy than on the poor.

Explanation

Those considered poor according to a country’s definition have families who spend larger shares of their income on the cost of living thus all money they earn is needed to afford basic needs thus face a decreased progressive tax. On the other hand, the progressive tax imposed on wealthy individuals decrease their abilities to purchase more luxury items or invest in stock.

Hope this helps!

6 0
3 years ago
Read 2 more answers
In 2020, HD had reported a deferred tax asset of $130 million with no valuation allowance. At December 31, 2021, the account bal
Ray Of Light [21]

Answer:

The income tax expense for 2021 income statement is $101 million as computed in the explanation section below.

Explanation:

The income tax expense in the year 2021 is the income taxes payable while adding the reduction in deferred tax asset or deducting the increase in deferred tax asset plus the portion of the current deferred tax asset not realizable using the applicable tax rate as found below:

Income tax payable                                                          $90 million

deduct;increase in deferred tax asset($170-$130)         ($40 million)

Add;unrealized deferred tax asset($170*30%)                $51 million

Income tax expense for 2021 income statement            $101 million

6 0
2 years ago
Boris works as a receptionist. He's happy with his salary, he gets along well with his coworkers and his boss, he feels no stres
Naily [24]

Answer: Person-Vocation fit

Explanation: According to the question, Borris lacks Person-Vocation fit as he isn't fully satisfied in his current field of employment as a receptionist, he is aspiring for a better more Noble job profession.

Although Boris has no issue with his current company of employment, he is not satisfied with his job.

7 0
3 years ago
Other questions:
  • Owen Cartwright has joined a real estate syndicate that bought an office building in downtown Orlando, Florida. What type of inv
    10·2 answers
  • Julius asks Rachel if she would like to sell her boat. Rachel privately has no interest in selling her boat, and believes that J
    13·1 answer
  • If you've been a victim of identity theft, what should you do after contacting the company that reported the suspicious charge a
    6·1 answer
  • Items that have a useful life of more than one year and used in the business
    5·1 answer
  • The Marketing Control Statement is a valuable statement for marketers because it only utilizes costs that the marketer can contr
    11·1 answer
  • Suppose a $3 per-unit tax is placed on this good. The tax causes the price paid by buyers to
    9·1 answer
  • What is the Federal Reserve System able to do?
    15·1 answer
  • The employees who work for a business are called ____.
    13·1 answer
  • Identify the percent increase in total sales and the percent increase in sales of trench coats. Then find which percent of incre
    6·1 answer
  • The bank statement reveals an eft payment made to one of the company's suppliers that has not yet been recorded in the journal.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!