A) Demand function
price (x) demand (D(x))
4 540
3.50 810
D - 540 810 - 540
----------- = -----------------
x - 4 3.50 - 4
D - 540
----------- = - 540
x - 4
D - 540 = - 540(x - 4)
D = -540x + 2160 + 540
D = 2700 - 540x
D(x) = 2700 - 540x
Revenue function, R(x)
R(x) = price * demand = x * D(x)
R(x) = x* (2700 - 540x) = 2700x - 540x^2
b) Profit, P(x)
profit = revenue - cost
P(x) = R(x) - 30
P(x) = [2700x - 540x^2] - 30
P(x) = 2700x - 540x^2 - 30
Largest possible profit => vertex of the parabola
vertex of 2700x - 540x^2 - 30
When you calculate the vertex you find x = 5 /2
=> P(x) = 3345
Answer: you should charge a log-on fee of $2.5 to have the largest profit, which is $3345.
The factorial ! just means we multiply by every natural number less that the value so
6! =6×5×4×3×2×1= 720
for permutations we use the formula n!/(n-r)!
so we have 8!/(8-5)!=8!/3!=8×7×6×5×4
for combinations s we have n!/(n-r)!r!
so we have 12!/(12-4)!4!=12!/8!4!=12×11×10×9/4×3×2=11×10×9/2=99×5
For the most part, the cross-section formed is a <em>trapezoid</em>, but if the slice passes through the apex of the pyramid, that shape is a <em>triangle</em>.
(Image source: MathCaptain.com)
Answer:
160x 5 be a good time to cover the floor of a room stream NY and phone me