The price p based on the equation given is p = 3000 - 0.1x.
<h3>How to express the price?</h3>
The equation given in the question is x = 3000 - 10p. The price(p) will be:
x = 3000 - 10p.
Make p the subject of the formula
x + 10p = 3000
10p = 3000 - x
p = (3000 - x)/10
p = 3000 - 0.1x
The revenue will be price multiplied by quantity. This will be:
= (3000 - 0.1x) × x
= 3000x - 0.1x²
The marginal revenue will be calculated after differentiating. This will be:
= 3000x - 0.1x²
= 3000 - 0.2x
The demand which is the quantity based on the information will be:
3000 - 0.2x = 0
0.2x = 3000
x = 1500
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Answer:
It is false. Just look at the face of the shape.
Step-by-step explanation:
Answer:
2apply.
Step-by-step explanation:
Answer: the value of the account after 6 years is $101559.96
Step-by-step explanation:
If $64,000 is invested in an IRA account, then
Principal = $64,000
So P = 64,000
The rate at which $64000 was compounded is 8%
So r = 8/100 = 0.08
If it is compounded once in a year, this means that it is compounded annually (and not semi annually, quarterly or others). So
n = 1
We want to determine the value of the account after 6 years, this means
time, t = 6
Applying the compound interest formula,
A = P(1 + r/n)^nt
A = amount after n number of years
A = 64000( 1 + 0.08/1)^1×6
A = 64000(1.08)^6
A= 64000×1.58687432294
A= 101559.956668416
Approximately $101559.96 to 2 decimal places
Answer:
Altogether they lost 150 pennies.
Step-by-step explanation:
X = Dante's pennies
Y = Mia's pennies
X + Y = 350 1/2 X = 2/3 Y
X = 4/3 Y
4/3 Y + Y = 350
7/3 Y = 350
Y = 350 * 3/7
Y = 50 * 3
Y = 150
X + 150 = 350
X = 200
1/2 * 200 = 2/3 * 150
100 . = 100
1/2 * 200 = 100 -> Dante lost 100 pennies
1/3 * 150 = 50 -> Mia lost 50 pennies
Altogether they lost 150 pennies.