Answer:
<h2>Revenue will decrease</h2>
Step-by-step explanation:
Note: the question did not provide the quantity to work with, so we will assume some values, say quantity Q= 30
Generally, it is normal for the revenue to decrease when the price of a commodity increase, this is so that buyer will have to react to adjust to the change in price.
When price increase from $50 to $60, the total revenue will decrease
let say the quantity Q1=30 , and the new quantity after price increase is Q2=20
1. The revenue PxQ before price change will be
PxQ= P1xQ1=50*30
PxQ= $1500
1. The revenue PxQ after price change will be
PxQ=P2xQ2= 60*20
P2xQ2= $1200
This clearly shows that based on the assumed data, the total revenue will drop from1500 to 1200, a total of $300 in a decrease
Answer:
Step-by-step explanation:
Let x represent the amount Peter invested at 14%. Then (x-900) is the amount he invested at 6%. His total interest earned is ...
0.14x + 0.06(x -900) = 221
0.20x = 275 . . . . . . . . . . . . . . . . add 54, simplify
x = 1375 . . . . . . . . . . . . . . . . . . . .divide by 0.2; amount invested at 14%
(x-900) = 475 . . . . . . . . . . . . . . . amount invested at 6%
Peter invested $475 in the 6% account and $1375 in the 14% account.
Scalar multiplication of a matrix refers to the
multiplication of all the elements of the matrix by an ordinary number which is
called a scalar.
From the given options the statements which are true about
scalar multiplication of matrices are;
a)
You can
multiply a matrix of any size by a scalar.
b)
For any matrix A, 1 × A = A.
c)
Scalar multiplication is a shortcut for repeated
addition of the same matrix.
Answer: 4/5=80%
7/8= 87.5%
Step-by-step explanation: 4 divided by 5 is 0.8, meaning the percentage is 80%
7 divided by 8 is 0.875, meaning the percentage is 87.5
Answer:
see below
Step-by-step explanation:
The formula for the amount resulting from P earning interest at rate r continuously compounded is ...
A = Pe^(rt)
for P=2500 and r=0.12, this becomes ...
A = 2500e^(0.12t)
