Step-by-step explanation:
Let the width be x feet.
Therefore, length = 2x - 10
Perimeter of rectangle = 52
Evaluate 4-0.25g+0.5h4−0.25g+0.5h4, minus, 0, point, 25, g, plus, 0, point, 5, h when g=10g=10g, equals, 10 and h=5h=5h, equals,
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The ratio X/Y for the fictitious company, Teslala, that produces a single type of electronic vehicle, Model Z is 10/pY.
<h3>What is a mathematical model?</h3>A mathematical model is the model which is used to explain the any system, the effect of the components by study and estimate the functions of systems.
Consider a fictitious company, Teslala, that produces a single type of electronic vehicle, Model Z.
The demand for Model Z depends on the gasoline price (q) because customers tend to purchase an electronic vehicle as a substitute for vehicles that run on gasoline when the gasoline price increases.
The demand for Model Z is estimated as
Here, <em>p</em> is the price of Model Z.
Consider the following two statements:
- 1. When the average gasoline price q increases by $1, the revenue-maximizing price p" increases by $X.
- 2. When the average gasoline price q increases by $1, the demand at the revenue-maximizing price (i.e., D(p*)) increases by a factor of Y.
Put the value of demand at the revenue-maximizing price as,
Thus, the ratio X/Y for the fictitious company, Teslala, that produces a single type of electronic vehicle, Model Z is 10/pY.
Learn more about the mathematical model here;
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