Dark colors in clothes are encouraged rather than bright colors, or patterns.<br><br> True<br> False

You can now sell 70 cars per month at $35,000 per car, and demand is increasing at a rate of 4 cars per month each month. What i

Eduardwww [97]

Answer:

the fastest we could drop your price before your monthly revenue starts to drop is $2,000

Explanation:

Data provided in the question:

Cars sold per month, Q = 70 cars

Price of each car, P = $35,000

Rate of increase in demand, $\frac{dQ}{dt}$ = 4 cars per month

Now,

Revenue, R = Price(P) × Quantity (Q)

Thus,

When monthly revenue starts to drop i.e $\frac{dR}{dt}$ < 0

⇒ $\frac{dR}{dt}$ = $\frac{d(PQ)}{dt}$ < 0

or

⇒ $P\frac{dP}{dt}+Q\frac{dQ}{dt}$ < 0

or

⇒ $70\times\frac{dP}{dt}+35,000\times4$ < 0

or

⇒ $70\times\frac{dP}{dt}$ < - 140,000

or

$\frac{dP}{dt}$ < - 2,000

Hence,

the fastest we could drop your price before your monthly revenue starts to drop is $2,000

7 0

3 years ago

In the state of Florida if you're convicted of reckless driving you'll be assessed how many points

Greeley [361]

In the state of FL you'll be assessed 4 points.

6 0

3 years ago

Read 2 more answers

What is the company’s financial position? Please refer to the income statement and balance sheet for the Exceptional Service Gra

LuckyWell [14K]

Answer:

Gross profit margin requires revenue and gross profit of the company.

Current ratio = 1.386 x

Debt ratio = 0.123 x

Explanation:

Gross profit margin requires revenue and gross profit of the company which is provided in the question but it can be calculated using this formula ; Total revenue / gross profit . where Gross profit = Revenue - cost of goods sold

Current ratio is calculated using the formula ; current assets/ current liabilities lets assume the left column is for the most recent year then current ratio = 4612200/3325950 = 1.386x

Debt ratio is calculated using the formula ; total debts/total assets lets assume once more that the left column is the most recent year. note; total debts = long term + current notes payable = 454800 + 277550

therefore debt ratio = 732350 / 5957800 = 0.123x

attached is the income statement and balance sheet