Answer:
The equation that gives the price p they can charge for n shirts is
p = -0.005n + 82
Explanation:
Establish the variables for the equation
n = number of shirts that can sell
p = price per shirt
For case one we have n1 = 5000 p1 =$57
For case two we have n2 = 15000 p2= $7
Calculate the slope remeber that
in this case the y will be represented by the price (p) and the x by the number (n) so we have:
m = ![m= \frac{p2-p1}{n2-n1} = \frac{7-57}{15000-5000} = \frac{-50}{10000}= \frac{-5}{1000} =-0.005](https://tex.z-dn.net/?f=m%3D%20%5Cfrac%7Bp2-p1%7D%7Bn2-n1%7D%20%3D%20%5Cfrac%7B7-57%7D%7B15000-5000%7D%20%3D%20%5Cfrac%7B-50%7D%7B10000%7D%3D%20%20%20%5Cfrac%7B-5%7D%7B1000%7D%20%3D-0.005)
Replace in the equation (y-y1) = m (x - x1) with our variables:
(p-p1) = m(n-n1)
p - 57 = -0.005 (n - 5000)
p - 57 = -0.005n + 25
p = -0.005n + 25 + 57
p = -0.005n + 82
To verify we can replace for example the values of n2 to get p2 as follows
p= -0.005 (15000) + 82
p = - 75 + 82
p = 7
If fulfills the condition that for 15000 shirts the price is $ then the equation is correct
A <u>steering committee</u> includes a group of senior managers responsible for system development.
A steering committee is an advisory organization that makes directional choices on various organizational initiatives. Its members at once aid project managers working in the direction of strategic enterprise directions.
Key roles and responsibilities of a steering committee: it provides recommendations on mission resource utilization, time limits, staff hiring, and advertising wishes. Manual the assignment group in accomplishing milestones in step with the challenge plan. determine average mission scope and strategic project route.
The board is made of individuals who participated on the guidance committee that created the business. The steering committee is normally composed of industry leaders inside the network that help generate assistance for the entity.
Learn more about staff hiring here brainly.com/question/2158595
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Answer:
c. more off-balance-sheet activities.
Explanation:
Large banks typically have more off-balance-sheet activities and more loans per dollar assets which lead to an increase in average cost.
Larger banks have lower equity capital than smaller banks thereby paying higher interests on their funds.
Larger banks have lesser core deposits than smaller banks. Smaller banks rely more on core deposits with rates not varying as open market rates, whereas large bank depend on wholesale funds that vary with market rates.
Answer:
c. 2.50.
Explanation:
Elasticity of demand is defined as the degree of responsiveness of quantity demanded to changes in the price of a commodity. It is calculated as percentage change in quantity demanded divided by percentage change in price.
Elasticity is considered elastic if the value is above one, and is means an increase in price results in significant decrease in demand.
When elasticity is less than 1 it is said to be inelastic and increase in price does not result in significant change in demand.
Percentage change in quantity= (30millon- 20 million)/20 million= 0.5
Percentage change in price= (100-80)/100
Percentage change in price= 20/100= 0.2
Elasticity= 0.5/0.2= 2.5
Answer:
because he\she will see it right away
Explanation: