Answer:
Price of widget to break even= $37.9
Step-by-step explanation:
We are told that the equation representing the amount of profit, y, made by the company, in relation to the selling price of each widget, x is;
y = -8x² + 348x - 1705
Now, the company will break even when it has made no profit. That is when, y = 0
Thus;
0 = -8x² + 348x - 1705
Rearranging,
8x² - 348x + 1705 = 0
Using quadratic formula ;
x = [-b ± √(b² - 4ac)]/2a
x = [-8 ± √(-348² - 4•1•1705)]/(2 x 8)
x = $5.63 or $37.87
We'll use $37.87 because it is the highest price for which no profit is made, and higher price means that we could sell least number of products to earn a certain amount of money.
We are told to approximate to nearest cent. Thus,
Price of widget = $37.87 ≈ $37.9
Can you post the picture or write it as it is ill help you..
Answer:
(b) interest times the initial investment only
Step-by-step explanation:
simple interest is calculate on the initial amount only there no addition of previous interest. It is calculate by multiplying initial investment to the rate of interest and duration of investment and after multiply we divide the whole value by 100. If we want to find the total value then we have to add the interest to the initial investment
Answer:
35+7-3x4=30
Step-by-step explanation:
35+7=42 42-12= 30 so the starting number is 35.
Answer:
6 is 24% of 25
Step-by-step explanation:
