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lubasha [3.4K]
3 years ago
6

Suppose a firm in a competitive market produces and sells 150 units of output and earns $1,800 in total revenue from the sales.

If the firm increases its output to 200 units, total revenue will be
Mathematics
1 answer:
sweet-ann [11.9K]3 years ago
5 0

Answer: Total revenue would be $2400.

Step-by-step explanation:

Since we have given that

Number of units sold = 150

Total revenue = $ 1800

If the number of units = 200

Let the total revenue be 'x'.

Since there is direct variation.

According to question, we get that

\dfrac{150}{1800}=\dfrac{200}{x}\\\\150x=1800\times 200\\\\150x=360000\\\\x=\dfrac{360000}{150}\\\\x=2400

Hence, total revenue would be $2400.

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lbvjy [14]
If nCk represents the number of ways k parts can be chosen from a pool of n, the probability of interest is the complement of the probability of selecting all good parts.
  1 - (167C3)/(170C3) = 42,085/804,440 ≈ 0.0523

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nCk = n!/(k!(n-k)!)
7 0
3 years ago
Dustin bought a flower pot that was marked down 60% from an original price of $2.50. If he paid 11% sales tax, what was the tota
grandymaker [24]

Answer:

He paid $1.11

Step-by-step explanation:

2.50 * 0.4 (he paid for 40% of the original price, since it was a 60% discount) = 1

1 * 0.11 (11% sales tax) = 0.11

1 + 0.11 = 1.11

7 0
3 years ago
Joe ate twice as many pieces of Halloween candy as Ed. Together they ate 48 pieces.
gulaghasi [49]

Answer: 16

Step-by-step explanation:

Let the number of candy Ed took be denoted as "x"

Since Joe ate twice the amount of candy Ed ate, then the number of candies joe ate will be denoted as "2x"

Since all together they ate a total of 48 candies, then the sum of the candies eaten by Joe and Ed is what gives a total of 48

This means:

2x + x = 48

3x = 48

X = 16.

8 0
3 years ago
Given the area of a trapezoid is 86 in’, and the height is 4 in. If one base is 18 in, determine the other base.
Rus_ich [418]

Answer:

25 = base

Step-by-step explanation:

I searched all of this on YT to try and help

so first we need to know the area of a Trapezoid

A = 1/2h(b + b)

86 = 1/2(18 + b)4

we dont know the base where going to put b

we also dont like fractions so where going to get rid of 2 by multiplying 2 by 2. And we do it in both ends, so where doing the same with our Area.

172 = (18 + b)4

the 4 is multipling so divide it on both ends.

43 = (18 + b)

then do the opposite operation on the 18, by subtracting 18 on both sides.

25 = b

is the base

check the work by plugging it back in

A = 1/2h(b + b)

A = 1/2 4(18+25)

A = 1/2 4(43)

A = 1/2(172)

A = 86in

6 0
3 years ago
#2
Arturiano [62]

Answer:

We'll use the variable x to represent last year's price. First, we have to set up an equation:

We get this equation because $13.25 is 6% MORE than last year's price, meaning we need to add the original price to the increase. Next, we combine like terms and solve for x:

Last year's price was $12.50.

Step-by-step explanation:

4 0
3 years ago
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