A) Demand function
price (x) demand (D(x))
4 540
3.50 810
D - 540 810 - 540
----------- = -----------------
x - 4 3.50 - 4
D - 540
----------- = - 540
x - 4
D - 540 = - 540(x - 4)
D = -540x + 2160 + 540
D = 2700 - 540x
D(x) = 2700 - 540x
Revenue function, R(x)
R(x) = price * demand = x * D(x)
R(x) = x* (2700 - 540x) = 2700x - 540x^2
b) Profit, P(x)
profit = revenue - cost
P(x) = R(x) - 30
P(x) = [2700x - 540x^2] - 30
P(x) = 2700x - 540x^2 - 30
Largest possible profit => vertex of the parabola
vertex of 2700x - 540x^2 - 30
When you calculate the vertex you find x = 5 /2
=> P(x) = 3345
Answer: you should charge a log-on fee of $2.5 to have the largest profit, which is $3345.
Answer:
Step-by-step explanation:
if u is an irrational number added to a rational number (sqrt 15) to yield 2, then that would mean u would = root -1.78.....
which means you wouldn't have a real solution. if you want a complex answer, it would be sqrt(1.78)i
Answer:
41.82$
Step-by-step explanation:
The prices are
7.58$, 16$, 18.24$.
To get the total of all what Lucy bought, You add the prices altogether.
That is,
18.24$
+16.00$
+<u>0</u><u>7</u><u>.</u><u>5</u><u>8</u><u>$</u>
41.82$
The total amount of what Lucy bought is 41.82$
Answer:
Step-by-step explanation:
The answer is 0
Answer:
9/8 I think I could be wrong tho
