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77julia77 [94]
2 years ago
13

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Business
1 answer:
solniwko [45]2 years ago
6 0

Answer:

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You can now sell 40 cars per month at $20,000 per car, and demand is increasing at a rate of 3 cars per month each month. What i
MArishka [77]

Answer:

More than $1500 price per car per month has to be dropped.

Explanation:

Given:

price per car = $20,000

car sale per month = 40

rate of increase in demand = 3

Solution:

Revenue R = Price × Quantity = P * Q

From the above given data

P = 20,000

Q = 40

R = P*Q

dQ/dt = 3

We have to find the rate at which the price is to be dropped before monthly revenue starts to drop.

R = P*Q

dR/dt = (dP/dt)Q + P(dQ/dt)  

          = (dP/dt) 40 + 20,000*3 < 0

          = (dP/dt) 40 < 60,000

         = dP/dt < 60000/40

         = dP/dt < 1,500

Hence the price has to be dropped more than $1,500 before monthly revenue starts to drop.

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Read the following sentence, and determine which technique is most applicable to improve its readability.
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EXPLANATION

A. Using numbered or bulleted lists

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C. Developing parallelism for balance

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This option is also wrong

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Under former CEO Kalanick, when Uber entered into a new market, it often disregarded local laws and allowed its drivers to begin
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