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Step-by-step explanation: There you will find your answer
Answer:
p = 70n -1500
Step-by-step explanation:
The slope-intercept form of the equation is ...
p = 70n +b
We know that p = -800 for n = 10, so we can find b:
-800 = 70·10 +b
-800 -700 = b = -1500
The net profit equation is ...
p = 70n -1500
Answer:
A royalty is a payment made by one party (the licensee or franchisee) to another that owns a particular asset (the licensor or franchisor), for the right to ongoing use of that asset. ... A royalty interest is the right to collect a stream of future royalty payments.
Step-by-step explanation: