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Genrish500 [490]

3 years ago

15

If the market price for chair is $24 in the marginal cost for the chairs seven dollars the marginal revenue from the chair would

be

1 answer:

joja [24]3 years ago

7 0

$17 (it's just the market price - the marginal cost)

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Holly wants to save money for an emergency. Holly invests 1,500 in an account that pays an interest rate of 6.75%. How many year

lina2011 [118]

The formula is
A=p (1+r)^t
A future value 7300
P present value 1500
R interest rate 0.0675
T time?
7300=1500 (1+0.0675)^t
Solve for t
Divide both sides by 1500
7300/1500=1.0675^t
Take the log for both sides
Log (7300/1500)=t×log (1.0675)
Divide both sides by log (1.0675)
T=log(7,300÷1,500)÷log(1.0675)
T=24.2 years round your answer to get 24 years

Hope it helps!

4 0

3 years ago

Read 2 more answers

I do not get what this means

gladu [14]

This means that with certain types of data, mean, median, or mode may be more effective for analysis.

6 0

3 years ago

4.35 divided by 5? does anyone know??????

Dvinal [7]

.87 is correct you can always check your work with an online calculator. :)

5 0

3 years ago

Train A leaves Westtown and travels at 50 mph toward Smithville, 330 miles away. At the same time, Train B leaves Smithville and

lianna [129]

The answer to this question is that the trains will meet after 3 hours. We can work this out by considering that is the closing speed of the two trains is (50+60=)110 miles per hour, then this must mean that the combined distance that the trains need to travel before they meet is 330 miles. If the time that is taken to travel 330 miles at 110 miles per hour, then you simply need to divide 330/110 to find your answer - 3 hours.

7 0

3 years ago

Read 2 more answers

Joe earns $14 an hour and Blaine earns $18 per hour. Joe receives a raise of $1.75 every six months, and Blaine receives a raise

Katarina [22]

After 4 interval of six months, Joe to earn same hourly rate as Blaine

<em><u>Solution:</u></em>

Given that,

Amount earned by Joe = $ 14 per hour

Amount earned by Blaine = $ 18 per hour

Lets assume the number of six month intervals be "x"

<em><u>Joe receives a raise of $1.75 every six months</u></em>

Therefore,

Joe earning: 14 + 1.75(number of six month intervals)

Equation for Joe earning: 14 + 1.75x ------- eqn 1

<em><u>Blaine receives a raise of $0.75 every six months</u></em>

Therefore,

Blaine earning: 18 + 0.75(number of six month intervals)

Equation for Blaine earning: 18 + 0.75x ------------ eqn 2

The number of six-month intervals it will take Joe to earn the same hourly rate as Blaine,

Eqn 1 must be equal to eqn 2

$14+1.75x = 18+0.75x\\\\1.75x-0.75x = 18-14\\\\1x = 4\\\\x = 4$

Thus after 4 interval of six months, Joe to earn same hourly rate as Blaine.

8 0

3 years ago