❅ 300%
You can do this by multiplying
Then converting that into a decimal
Then multiplying that by 150
❅Hope this helps!❅
You would multiply 13/52 by 13/51 which you should receive an answer of 13/204
Answer:
The cost function is
.
The revenue function is
.
The profit function is
.
Step-by-step explanation:
We have the following definitions:
The cost function is a mathematical formula that gives the total cost to produce a certain number of units. It consists of variable costs and fixed costs and is given by

If
units are sold and the price per unit is
, then the total revenue is

and
is called the revenue function.
If
units are sold, then the total profit is

and
is called the profit function.
Applying the above definitions we get that:
We know that the company has fixed monthly costs of $130,000 and production costs on its product of $32 per unit.
Therefore,
The cost function is
.
We know that the company sells its product for $66 per unit.
Therefore,
The revenue function is
.
The profit function is

Given my current rate = $129.00 per month.
Savings of 15% over your prices.
Therefore, saving = 15% of $129.00 = 0.15 × 129.00 =$19.35.
Adjusted rate = current rate - saving = 129 - 19.35 = $109.65
Therefore, We can rewrite above expression as :
My current rate is $129.00<u> </u><u>per month</u>." Representative: "We will match any competitive offer. Your adjusted rate will be <u>109.65 </u>dollars per month."
I found the answer to the same question you have.