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Assuming that this company sells all that it produces, the profit function would be given by P(x) = -0.5(x - 100)² + 5,000 - 50x - 100.
<h3>What is profit?</h3>
In Economics, profit can be defined as a measure of the amount of money (revenue) that is generated when the selling price is deducted from the cost price of a good or service, which is usually provided by producers.
This ultimately implies that, all producers generally work to maximize their profits and make them as large as possible, in order to enable them break even and successful.
Mathematically, the profit function P(x) of a business firm simply refers to the revenue function R(x) minus the cost function C(x):
P(x) = R(x) - C(x)
Where:
- R(x) represents how much it takes in.
- C(x) represents how much it spends.
Substituting the given parameters into the formula, we have;
P(x) = -0.5(x - 100)² + 5,000 - (50x + 100)
P(x) = -0.5(x - 100)² + 5,000 - 50x - 100
Read more on maximized profit here: brainly.com/question/13800671
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Answer:
Explanation:
Based on the information provided in this scenario it can be said that this is likely due to there being a cultural lag between having the Internet and using the technology to its full capacity. Cultural lag refers to the notion that culture takes time to catch up with technological innovations, mainly due to not everyone has access to the new technology. As years pass a specific technological advancement becomes more readily accessible to the wider public as is thus more widely adopted.
Answer:
1. False
2. False
3. True
4. False
Explanation:
1. Folders are the containers to store files
2. The delete option deletes the file
3. Files are moved to recycle bin after being deleted, and can be permanently deleted from recycle bin
4. "MS-DOS was the main operating system for IBM PC compatible personal computers during the 1980s, from which point it was gradually superseded by operating systems offering a graphical user interface (GUI), in various generations of the graphical Microsoft Windows operating system."
<em>source for #4: Wikipedia</em>
Answer:
The answer is "new version of application provides more easy to use".
Explanation:
- In computer science, an application is a program, that is installed on the computer. There are many types of application software, that are "gaming software, working software, programming software, etc." At the end of time users want some new things in software to know users need programmer developed new versions of the software.
- The update usually improves the device or service in its current version, whilst an improvement is an entirely new version. Installation is usually free and easy. You also have to wait for updates that are difficult to install.