!!! WILL GIVE BRAINLIEST !! AND 15 POINTS PLS ANSWER !!!
2 answers:
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Answer:
12.375 or 12.38(rounded to the nearest hundredth)
Step-by-step explanation:
= 4.5
= 2.75
2.75 x 4.5= 12.375
Answer:
a) Demand function:
b) The rebate should be of $200, so the sale price becomes $300 per unit.
c) The rebate should be of $150, so the sale price becomes $350 per unit.
Step-by-step explanation:
a) In this case, we have a known point of the demand function (1000 units sold at $500), and the slope of a linear function (increase by 100 units fora decrease in $10).
We can express the demand function (linear) as:
To calculate the slope m, we use:
To calculate b, we use the known point and the calculated slope:
Then the demand function is:
b) The revenue can be expressed as:
To maximize, we can derive and equal to zero
The rebate should be of $200, so the sale price becomes $300 per unit.
c) If we take into account the cost, we have that
To maximize, we can derive and equal to zero
The rebate should be of $150, so the sale price becomes $350 per unit.
Answer:
Step-by-step explanation:
70 is the slope.
70 represents the cost of one square foot.
Per every square foot (x), the cost increases by 70 (y).
The amount of square feet changes the total cost.
<u>Equation is represented as:</u>
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3500 represents the y-intercept.
70 represents the slope.