The price p based on the equation given is p = 3000 - 0.1x.
<h3>How to express the price?</h3>
The equation given in the question is x = 3000 - 10p. The price(p) will be:
x = 3000 - 10p.
Make p the subject of the formula
x + 10p = 3000
10p = 3000 - x
p = (3000 - x)/10
p = 3000 - 0.1x
The revenue will be price multiplied by quantity. This will be:
= (3000 - 0.1x) × x
= 3000x - 0.1x²
The marginal revenue will be calculated after differentiating. This will be:
= 3000x - 0.1x²
= 3000 - 0.2x
The demand which is the quantity based on the information will be:
3000 - 0.2x = 0
0.2x = 3000
x = 1500
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Contradictions usually mean they go against established rules. Squaring a negative number is one example if it is in math. But just think of anything that goes against what is known.
Answer:
0.25%
Step-by-step explanation:
Rate of commission
= (commission*100)/cost of land
=( 20000*100)/8000000
= 2000000/8000000
=2/8
= 0.25%
Answer:
I can only do 1 but I hope it helps.
Hello! So because the value in the parenthesis is less than one, this represents exponential decay. 0.75 is 75% in decimal form. Percents are parts of 100. let's multiply that number from 100. 100 - 75 is 25. There. The rate of depreciation is 25%.