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-15 7/40
Convert a mixed number by placing the numbers to the right of the decimal over
1000.
Answer:
a. D'(p) = -10p - 6
b. There is a decrease of 96 units of demand for each dollar increase
Step-by-step explanation:
The demand function is:
(a) The derivate of the demand function with respect to price gives us the rate of change of demand:
(b) When p = $9, the rate of change of demand is:
This means that, when p = $9, there is a decrease of 96 units of demand for each dollar increase.
Answer:
The owner's profit for a ten-day period is $4675
Step-by-step explanation:
Each day a small business owner sells 200 pizza slices for $1.50 per slice and 85 sandwiches at $3.50 each.
Let's find the revenue.
Revenue = 200($1.50) + 85($3.50)
= $300 + $297.50
Revenue per day = $597.50
Revenue for 10 days = 10($597.50) = $5975
Business expenses per day = $130
Business expenses for 10 days = 10($130) = $1300
Now let's find the profit.
Profit for 10 days = Revenue - Expense
= $5975 - $1300
= $4675
So the owner's profit for a ten-day period is $4675
