Answer:
Gross profit formula= 3x
x= number of units sold
Step-by-step explanation:
Giving the following information:
Unitary variable cost= $2
Selling price per unit= $5
<u>To calculate the profit earned, we need to use the unitary contribution margin formula</u>. The contribution margin is a product's price minus all associated variable costs (sales- variable costs), resulting in the incremental profit earned for each unit sold.
Unitary contribution margin= 5 - 2 = 3
<u>Now, the profit formula:</u>
Gross profit formula= number of units*unitary contribution margin
Gross profit formula= 3x
x= number of units sold
Answer:
5b(-a+2)
Step-by-step explanation:
Answer:
Its 6/3
Step-by-step explanation:
Answer:
y = - 9.1768x2 + 122.2567x + 14.9091
Step-by-step explanation:
Given the following :
Month (x) Daily Rental Price (y) 1 $154 2 $205 3 $266 4 $358 5 $403 6 $425 7 $437 8 $430 9 $381 10 $285 11 $211 12 $195
Using the online regression equation graphing tool ; The quadratic model obtained in the form,
y = Ax^2 + Bx + C is :
y = - 9.1768x2 + 122.2567x + 14.9091
Attached below is a picture of the quadratic regression curve.
Answer:
The enrollment after 5 years is 10,724
Step-by-step explanation:
Generally, we can have the depreciation formula written as follows;
A = P(1 - r)^t
A is the number of enrollment in after a certain number of years t
P is the initial population which is 13,500
r is the rate of depreciation which is 4.5% = 4.5/100 = 0.045
t = 5 years
Substituting these values, we have it that;
A = 13,500(1-0.045)^5
A = 10,723.84