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Nady [450]
3 years ago
15

Quantity of Jackets Price (in whole dollars) Total Revenue Marginal Revenue Total Cost Marginal Cost Profit (or loss) 0 20 1 20

20 18 2 19 38 33 3 18 54 43 4 17 68 55 5 16 80 68 6 15 90 83 7 14 98 101 8 13 104 120 Based on this chart, what is the marginal cost, in dollars, to produce seven jackets?
Mathematics
1 answer:
KonstantinChe [14]3 years ago
3 0

Answer:

18 dollars

Step-by-step explanation:

Marginal cost can be defined as the additional cost to produce every additional unit of a certain good. In mathematical terms;

Marginal cost = change in cost / change in quantity

For seven jackets, we have to find the difference between the cost of seven jackets and the cost of six jackets as follows

$101 - $83 = $18

Since the change in quantity is one, our marginal cost comes to $18.

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its question #2 my son and I cannot figure out how to do this other than dividing. however, when u divide 59 into 422, are you s
anyanavicka [17]
Honestly I can see an argument for 7 shelves or for 8 shelves. 

When you do the calculation; \frac{422}{59}=7.15 You get 7.15 shelves. Clearly you cannot have .15 of a shelf so the logician in me wants to say you need 8 shelves! 

But if the assignment is aimed estimation skills, (Which is what I assume is being implied by the title of the assignment), then the easier calculation of \frac{420}{60}=7 is probably what the teacher was hoping for.

You might have been accidentally been calculating \frac{59}{422} =.139. Remember division is NOT communitive! i.e.1\div2\neq2\div1.

From the image;
The first step was to see that 59 can not go into 4..resulting in the zero above the 4, multiplying 0 by 59 and subtracting 0 from 4. 

The second step begins by bringing down the 2, seeing that 59 can not go into 42..resulting in the zero above the 2, multiplying 0 by 59 and subtracting 0 from 42.

The third step begins by bringing down the 2, seeing that 59 can go into 422 7 times (I tested this on the right by a short multiplication problem)..resulting in the 7 above the 2, multiplying 7 by 59 and subtracting 413 from 42.

This process continues....

8 0
3 years ago
Read 2 more answers
A new shopping mall records 120 total shoppers on their first day of business. Each day after that, the number of shoppers is 10
Marta_Voda [28]

Answer:

1138

Step-by-step explanation:

From the information given:

We can represent it perfectly in an exponential form:

m  = p(q)^x

where;

p = initial value = 120

q = base of the exponential form

q = 1 + r

here; r = rate in decimal = 10% = 0.1

Then q can now be = 1 + 0.1 = 1.1

Replacing it into the exponential form, we get:

m = 120(1.1)^x

where;

x = number of days and m = number of shoppers

Thus:

For the first day:

m = 120(1.1)^x

m = 120

For the second day:

m = 120(1.1)^1

m = 132

For the third day:

m = 120(1.1)^2

m = 145.2

For the fourth day

m = 120(1.1)^3

m = 159.72

For the  fifth-day

m = 120(1.1)^4

m = 175.692

For the sixth-day

m = 120(1.1)^5

m = 193.2612

For the seventh-day

m = 120(1.1)^6

m = 212.58732

Thus; the total numbers of shoppers for the first 7 days is:

= 120+ 132 + 145.2 + 159.72 + 175.692+193.2612+212.58732

= 1138.46052

≅ 1138

6 0
3 years ago
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klemol [59]
The answer to the selected problem is: that is a linear equation. 
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3 years ago
The____ function is the most basic function in a family of functions
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The answer is: parent function
7 0
3 years ago
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A store sells 4 cans of fruit cocktail for $9. How much would it cost you to buy 3 cans of fruit cocktail?
horsena [70]

Answer:

9:4=2.25 3x2.25=6.75 i think lol

6 0
3 years ago
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