Answer:
D. Interpretation: The zeros are where the daily profit is $0.00
zeros: x = 3.586 and x = 6.414
Explanation:
We have been given the following daily profit function;
where y is the profit (in hundreds of dollars) of a taco food truck
and x the price of a taco (in dollars)
The zeros of this profit function can be obtained by solving for x in the following equation;
These will simply be the x-intercepts of the profit function. That is the points where the profit function crosses or intersects the x-axis.
Therefore, an interpretation of the zeros of this function would be;
The zeros are where the daily profit is $0.00
These zeros can be evaluated graphically. We first obtain the graph of the profit function as shown in the attachment below;
We then determine the x values where the graph crosses the x-axis. These values will represent the zeros of our profit function. From the graph, these points are;
x = 3.586 and x = 6.414
Have knowledge of basic math
The answer is a vast majority of people engage in simple
agriculture. This kind of economy is a non-monetary economy which depend
on natural resources to be responsible for basic needs, over and done with shooting,
gathering, and subsistence agriculture.
<span>The business cycle is the periodic but irregular up-and-down movement in economic activity, measured by fluctuations in real gross domestic product (GDP) and other macroeconomic variables. A business cycle is typically characterized by four phases—recession, recovery, growth, and decline—that repeat themselves over time. Economists note, however, that complete business cycles vary in length. The duration of business cycles can be anywhere from about two to twelve years, with most cycles averaging six years in length. Some business analysts use the business cycle model and terminology to study and explain fluctuations in business inventory and other individual elements of corporate operations. But the term "business cycle" is still primarily associated with larger (industry-wide, regional, national, or even international) business trends.</span>
Answer:
JOPLIN COMPANY
VARIABLE COSTING INCOME STATEMENT
Unit sold <u>275,000</u>
Sales $4,950,000
Variable cost :
Cost of Goods sold( $4,050,000-337,500 - 450,000) (3,262,500)
Selling and Administrative expense ( 275,000 - 165,000)<u> (110,000)</u>
Contribution 1,577,500
Fixed Cost:
manufactured cost 450,000
Selling and administrative expenses <u> 165,000 </u> <u>615,000</u>
Net Income <u> 962,500</u>
Explanation:
