We are given with the variable cost which is:
q = -20s + 400
The selling price is 's'. So, the profit can be represented by:
P = qs - q(12)
Subsituting:
P = (-20s + 400)s - 12 (-20s + 400)
P = -20s^2 + 640s - 4800
To optimize this, we must differentiate the equation and equate it to zero, so:\
dP/ds = -40s + 640 = 0
Solving for s,
s = 16
So, the selling price should be $16 to optimize the yearly profit.
Answer:
288.333333333
Step-by-step explanation:
Me, personally am not great with math, but I can say you have to take $865 then take away $40 then decide how much they get apiece. to do that you must divide 865 from 3. afterwards you should take that number away from 865 remember that you are also taking away 40 then you have your final answer
Answer:
1.8% or 1.818181%
Step-by-step explanation:
If in a batch of 440 water purifiers, we find 8 to be defective.
Then the probability of the next purifier being defective is 8/440
In percentage = 8/440 * 100
=> 8/44 * 10
=> 8/22 * 5
=> 40/22
=> 20 / 11
20/11 is roughly 1.8181818
Rounding it to the nearest tenth, we get 1.8%
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Thank You!!
