Answer:
Step-by-step explanation:
<u>We have:</u>
- p = -1/5x + 100 = -0.2x + 100
a) <u>The revenue is:</u>
- R = px
- R = x( -0.2x + 100)
- R= -0.2x² + 100x
b) <u>x = 200, find R:</u>
- R = -0.2(200²) + 100(200) = 12000
c) <u>This is a quadratic function and the maximum value is obtained at vertex.</u>
- x = -100/(-0.2*2) = 250 is the required quantity
d) <u>The max revenue is obtained when -0.2x + 100 at max:</u>
- The maximum possible is p = 100 when x = 0
percent increase = (new -original)/original
= (1200-550)/550
650/550
=1 100/550
1 2/11
1.181818
118.18 percent
to the nearest whole number
118 %
Answer: y = x^2 - 11x + 24
Step-by-step explanation:
Answer:
The overall average is $148,000
Step-by-step explanation:
120,000 740,00 divided by 5 is 148,000
120,000
120,000
190,000
+ 190,000
-------------
740,000
