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Dafna11 [192]
2 years ago
11

If the store currently charges a price of $50, then increases that price to $60, what happens to total revenue from shoe sales (

calculate P X Q before and after the price change)
Mathematics
1 answer:
Goryan [66]2 years ago
4 0

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

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Pringles is planning their sales force spending for the next year. Each of their sales people spends about 3400 hours annually a
LUCKY_DIMON [66]

Answer:

459 sales people.

Step-by-step explanation

Time per call (t) = 45 min = 0.75 h

Hours per sales person (H) = 3,400 hours

Number of customers (n) = 40,000 customers

Call frequency (f)= 52 calls per year

The total number of sales people (S) needed, is given by the total time spent on calls for the year, divided by the amount of hours each person spends on sale:

S=\frac{40,000*0.75*52}{3,400}\\ S=458.8

Rounding up to the next whole person, Pringles needs 459 sales people.

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3 years ago
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The sum of 4 numbers is 1230. The average of 3 of them is 293. What is the fourth number?
OverLord2011 [107]
351 because 293 multiplied by 3 = 879, and 1230 - 879 = 351
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2 years ago
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Neptune is 4.5 billion kilometers from the<br> sun. Represent this number in scientific<br> notation
Tanya [424]

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Step-by-step explanation:

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What is the common ratio? {250, 50, 10, 2...}
Allisa [31]

Answer:

5

Step-by-step explanation:

The common ration can be found by dividing the 2nd number from the 1st number:

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6 0
3 years ago
F(x)=2^x evaluate f(5)
Helen [10]

Hey there!

To solve this, we will first replace x with 5 anytime we see it in the equation.

f(5) = 2^5

Now, we simplify 2^5.

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Hope this helps!

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