The profit equation which relates P, profit to N, quantity produced and sold is:
P=17.75N-750
What is the total cost function?
The total production cost function, whereby total cost is C is as given below:
C=750+15.95N(look at a similar question provided)
What is the total revenue function?
The total revenue function is as given below:
R=33.70N
The profit is the excess of total revenue over total cost, in other words, profit is the total revenue minus total cost
P=33.70N-(750+15.95N)
P=33.70N-750-15.95N
P=33.70N-15.95N-750
P=17.75N-750
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Similar question:
A small publishing company is releasing a new book. The production costs will include a one-time fixed cost for editing and an additional cost for each book printed. The total production cost C (in dollars) is given by the function C=650+18.95N , where N is the number of books. The total revenue earned (in dollars) from selling the books is given by the function R=32.80N . Let P be the profit made (in dollars). Write an equation relating P to N . Simplify your answer as much as possible.
Answer:
$ 3051
Step-by-step explanation:
Original cost = $ 1000
Marked up Price = Original cost + 170% of 1000
= 1000 + 1.7 * 1000
= 1000 + 1700
= $ 2700
Sales tax = 13% of 2700
= 0.13 * 2700
= 351
Total cost paid by Bernie = 2700 + 351 = $ 3051
Answer:
Option 1 and 3 are correct.
Step-by-step explanation:
The corresponding angles are the matching angles when two lines are crossed by another line which is called traversal.
Looking in the figure following are corresponding angles
8 and 6
4 and 2
7 and 5
3 and 1
Now, looking at the options
Option 1 5 and 7
and Option 3 6 and 8 are only given corresponding angles.
So Option 1 and 3 are correct.
Answer:
D. He should add between 2 cups and 3 cups of dirt.
Step-by-step explanation:
First we need to take the ratio of dirt to peat moss.
8 parts dirt : 3 parts peat moss.
Now we take the ratio and find the value of dirt.
8 : 3 =
x : 1 =
We now multiply both sides by 1.
So now we substitute x.
2.67 Cups Dirt : 1 Cup Peat Moss