Answer:
The total revenue is .
The marginal revenue is .
The fixed cost is $900.
The marginal cost function is .
Step-by-step explanation:
The Total Revenue () received from the sale of goods at price is given by
The Marginal Revenue () is the derivative of total revenue with respect to demand and is given by
From the information given we know that the price they can sell cakes is given by the function , where is the number of cakes sold per day.
So, the total revenue is
And the marginal revenue is
The Fixed Cost () is the amount of money you have to spend regardless of how many items you produce.
The Marginal Cost () function is the derivative of the cost function and is given by
We know that the total cost function of the company is given by , which it is equal to
From the total cost function and applying the definition of fixed cost, the fixed cost is $900.
And the marginal cost function is
It's B because all the students that attended added together is 320 and 37.5 of 320 is 120
Answer:Remember, the formula for slope is (y2 - y1) / (x2 - x1).
Step-by-step explanation:
Answer:
If you hope to get the rare Deathcharger's Reins mount from Baron Rivendare for example, we know that it has a 1% drop chance. That means that every time you kill the Black Baron you have a 1% chance of getting the mount. 1% on the first kill, and 1% on the 100th kill. However, over the course of 100 kills, you have a much higher probability of getting the mount. But not 100%. Never 100%.
Step-by-step explanation: