4.5 litres of fruit punch with 0.5 litres of water.
13.5 /4.5 = 3. Multiply 0.5 by 3 to get 1.5 litres of water. Therefore, 13.5 litres of fruit punch concentrate needs 1.5 litres of water. 13.5 + 1.5 = 15 litres of fruit punch in total.
<span>a) Differentiate both sides of lnq − 3lnp + 0.003p=7 with respect to p, keeping in mind that q is a function of p and so using the Chain Rule to differentiate any functions of q:
(1/q)(dq/dp) − 3/p + 0.003 = 0
dq/dp = (3/p − 0.003)q.
So E(p) = dq/dp (p/q) = (3/p − 0.003)(q)(p/q) = (3/p − 0.003)p = 3 − 0.003p.
b) The revenue is pq.
Note that (d/dp) of pq = q + p dq/dp = q[1 + dq/dp (p/q)] = q(1 + E(p)), which is zero when E(p) = −1. Therefore, to maximize revenue, set E(p) = −1:
3 − 0.003p = −1
0.003p = 4
p = 4/0.003 = 4000/3 = 1333.33</span>
Answer:
180
Step-by-step explanation:
Answer:
it is 192000 is got it right