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:
118 fluid ounces in all.
Step-by-step explanation:
The answer 118 because 14.75 multiplied by 8 is 118.
Solution: (2,8)
Using the elimination method set up the system of equations like:
y = x + 6
y = 3x + 2
Eliminate the x-variable by multiplying the top equation by -3
-3y = -3x -18
y = 3x + 2
Combine terms:
-2y = -16
-y = -8
y = 8
Plug in 8 to one of the first equations for y
8 = 3x + 2
6 = 3x
x = 2
Solution: (2,8)
Coefficient of 'x'= 5a
Coefficient of 'x square'= -17
Constant term = 14a
Answer:
-19
Step-by-step explanation:
