Answer:
Step-by-step explanation:
Answer:
<h2>Revenue will decrease</h2>
Step-by-step explanation:
Note: the question did not provide the quantity to work with, so we will assume some values, say quantity Q= 30
Generally, it is normal for the revenue to decrease when the price of a commodity increase, this is so that buyer will have to react to adjust to the change in price.
When price increase from $50 to $60, the total revenue will decrease
let say the quantity Q1=30 , and the new quantity after price increase is Q2=20
1. The revenue PxQ before price change will be
PxQ= P1xQ1=50*30
PxQ= $1500
1. The revenue PxQ after price change will be
PxQ=P2xQ2= 60*20
P2xQ2= $1200
This clearly shows that based on the assumed data, the total revenue will drop from1500 to 1200, a total of $300 in a decrease
Answer:
178 miles
Step-by-step explanation:
Let Eric has driven d miles.
As the rate of charge of driving the truck = 76 cents /mile
So, the charge of driving the truck for d miles = 76d cents= $0.76d
The base fee of the truck was $16.95.
Total money paid at the time of returning the truck = $152.23
So, 16.95+0.76d=152.23
0.76d= 152.23-16.95=135.28
d=135.28/0.76
d=178
Hence, he drives 178 miles.
Answer:
Step-by-step explanation:
For this question, you count backwards from 0545hrs which is 5:45 am until 7hrs is reached.
5:45 am Thursday
↓
4:45 am Thursday
↓
3:45 am Thursday
↓
2:45 am Thursday
↓
1:45 am Thursday
↓
12:45 am Thursday
↓
11:45pm Wednesday
↓
10:45 pm Wednesday
Therefore, Madaraka express left Nairobi at 10:45 pm on Wednesday
Not sure but It should be -4/1
