Answer: The answer is A
Step-by-step explanation: because 5x-30= -150 because I looked it up
Answer:
Maximum revenue = $8000
The price that will guarantee the maximum revenue is $40
Step-by-step explanation:
Given that:
Price of product = $35
Total sale of items = 225
For every dollar increase in the price, the number of items sold will decrease by 5.
The total cost of item sold = 225 ×35
The total cost of item sold = 7875
If c should be the dollar unit in price increment;
Therefore; the cost function is :
For maximum revenue;
0+225-35× 5 -10c = 0
225 - 175 =10c
50 = 10c
c = 50/10
c = 5
Maximum revenue =
Maximum revenue =
Maximum revenue = (35 + 5)(225-25)
Maximum revenue = (40 )(200)
Maximum revenue = $8000
The price that will guarantee the maximum revenue is :
=(35 +c)
= 35 + 5
= $40
Answer:
28 years
Step-by-step explanation:
To find the number of years that the investment will reach $3500, we can use the formula of compound interest:
P = Po * (1+r)^t
where P is the final value, Po is the inicial value, r is the annual interest and t is the time in years.
In this question, P = 3500, Po = 1800 and r = 2.46% = 0.0246, so:
3500 = 1800 * (1+0.0246)^t
1.0246^t = 3500/1800
1.0246^t = 1.9444
Using logarithm in both sides:
log(1.0246^t) = log(1.9444)
t*log(1.0246) = 0.2888
t * 0.0106 = 0.2888
t = 0.2888 / 0.0106 = 27.2453 years
So the investment will reach $3500 after 28 years (rounding the result up, because after 27 years the investment will not reach $3500)