Revenue = Sales Volume (x) times Price. Price depends on volume sold: the more you are willing to sell per week, the lower your average price will have to be to get them all sold.
<span>eg, if there are a fixed number of buyers with a variety of incomes, then you might be able to sell the first 10 per month for £30 each through the up-market High Street jeweller. If you want to sell an extra 10 per month you might have to reduce the price to £15 and sell them through Asda/WalMart. And to move another 10 per month you may have to sell them from a street stall at £5 each! </span>
Answer:
The model should look like this: ⚫⚫⚫⚫⚫
⚫⚫⚫⚫⚫
Answer:
16
Step-by-step explanation:
You plug in the value of y into the expression:
5(2) + 3(2)
10 + 6 = 16
Answer:
V =192 pi units^3
Step-by-step explanation:
The volume of a cylinder is given by
V = pi r^2 h
We know the radius is 8 and the height is 3
V = pi (8)^2 *3
V =192 pi units^3
Answer:
a
Step-by-step explanation:
