The equation described above can also be written as,
y = -x² + 100x + 4000
To get the number of notebooks that will give them the maximum profit, we derive the equation and equate to zero.
dy/dx = -2x + 100 = 0
The value of x from the equation is 50. Then, we substitute 50 to the original equation to get the profit.
y = -(50^2) + 100(50) + 4000 = 6500
Thus, the maximum profit that the company makes is $6,500/day.
Call the production cost 'C', the revenue 'R' and the number of CDs 'n':
C=2000+5n
R=10n
By definition Profit P = R-C, therefore P=10n-2000+5n = 5n-2000.
To convert a percentage to decimal form, you need to divide the number in the percent by 100. In reality, that just looks like moving the decimal point to the left two places.
83% / 100 = 0.83
83% in decimal form is 0.83.
Hope that helped! =)
If the probability that a household owns a pet is 0.55 then the probability that all households will have pets is equal to 0.0503.
Given that the probability that a household owns a pet is 0.55 and there are 5 houses on a block.
We are required to calculate the probability that all the five households will have pets.
Probability is basicallly the chance of happening an event among all the events possible. It cannot be negative.
Binomial probability distribution is basically the probability calculations but in different combinations.
In this we have to calculate the probability that all the houses will have the pets then the probability that all five households will have pets is equal to 
=1(0.0503)
=1*0.0503*1
=0.0503
Hence the probability that all the five households will have pets is equal to 0.0503.
Learn more about probability at brainly.com/question/24756209
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