I need help bad!!!! Lol
2 answers:
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Answer:
The correct estimate of the amount generated to the local economy is $3,333,333.
Step-by-step explanation:
The amount the expected to be generated for the local economy = $3.3 million
The amount of salaries that will generate $3.3 million = $1 million
The percentage of the amount of the salaries and the subsequent earnings expected to be spent on the local community = 70%
Therefore, we have;
For a first amount of 1 million into the economy, the next amount to into the economy is 70/100 × 1 million = 700,000, then we have 70/100 × 700,000 and so on, which is a geometric sequence, with first term, a = $1 million, the common ratio, r = 70/100 = 0.7, the number of terms = Infinity = ∞
The sum of a geometric sequence to infinity is given as follows;
Substituting the known values gives;
Therefore, the correct estimate of the amount generated to the local economy by the $1 million salaries that will be paid = $3,333,333..
Answer:
0 ≤ x < 1.12 and 34.18 < x ≤ 39.87
Step-by-step explanation:
Let
x ----> is the number of tires produced, in thousands
C(x) ---> the production cost, in thousands of dollars
we have
This is a vertical parabola open downward (the leading coefficient is negative)
The vertex represent a maximum
The graph in the attached figure
we know that
Looking at the graph
For the interval [0,1.12) ----->
The value of C(x) ---->
That means ----> The production cost is under $75,000
For the interval (34.18,39.87] ----->
The value of C(x) ---->
That means ----> The production cost is under $75,000
Remember that the variable x (number of tires) cannot be a negative number
therefore
If the company wants to keep its production costs under $75,000 a reasonable domain for the constraint x is
0 ≤ x < 1.12 and 34.18 < x ≤ 39.87
