We are given with the formula
p = 200k - 500
a) The constraint for this formula is obtained from the idea that the profit must be positive
200k - 500 > 0
k > 500/200
k > 2.5
b) To make 14000 profit
14000 = 200k - 500
k = 72.5 or 73 knives must be sold
Answer:
c = 8.14 million×(0.9166)^t
4.83 million
Step-by-step explanation:
Data:
t = y - 2007
c₀ = 8.14 million
c₃ = 23 % less than c₁
Part 1. Calculate c₃
c₃ = c₀(1 - 0.23) = 0.77c₀
Part 2. Calculate r
c₃ = c₀r^t
0.77c₀ = c₀r³
0.77 = r³ Divided each side by c₀
r = 0.9166 Took the cube root of each side
The explicit decay model is c = 8.14 million×(0.9166)^t
Part 3. Prediction
t = 2013 - 2007 = 6
c = c₀r^t = 8.14 million×(0.9166)⁶ = 8.14 million × 0.5929 = 4.83 million
The model predicts that there will be 4.83 million cars for sale in 2013.
Step-by-step explanation:

Convert 1 3/5 to an improper fraction;
-1 × 5 + 3/5 ÷ -2/3
Simplify 1 × 5 to 5
-5 + 3/5 ÷ -2/3
Simplify 5 + 3 to 8
-8/5 ÷ -2/3
Use this rule: a ÷ b/c = a × c/b
-8/5 × 3/-2
Use this rule; a/b × c/d = ac/bd
-8 × 3/5 × - 2
Simplify 8 × 3 to 24
-24/5 × -2
Simplify 5 × -2 to -10
- 24/-10
Move the negative sing to the left
-(-24/10)
Simplify 24/10 to 12/5
-(-12/5)
Simplify brackets
12/5
Convert to a mixed fraction
<u>= 2 2/5</u>