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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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Answer:

$122.88

Step-by-step explanation:

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the phone reduces by a factor of 0.8 each year , then after 4 years

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2 years ago
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Answer:

First we have to finish the brackets, always

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Step-by-step explanation:

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3 years ago
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serg [7]

Step-by-step explanation:

Given points are (-2,5) and (3,-17)

to find midpoint, use this formula

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coming to the question,

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[ (-2-3)/2 , (5-17)/2 ]

[ -5/2 , -12/2 ]

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The answer is simple:
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Hope this helps! Have a good night and God bless (:
7 0
3 years ago
If 2/3 of a number is 10, then what is 0.15 times of that number?
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Answer:

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Step-by-step explanation:

Let the number is x.

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<u>0.15 times of the number is:</u>

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Correct choice is d

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