Answer:
A. {x | x < 8}
Step-by-step explanation:
First, we divide both sides by 3.
3(x - 2)/3 < 18/3
Then simplify.
x - 2 < 6
Lastly, add 2 to both sides.
x - 2 + 2 < 6 + 2
<u>x < 8</u>
Answer:
Cost function C(x) == FC + VC*Q
Revenue function R(x) = Px * Q
Profit function P(x) =(Px * Q)-(FC + VC*Q)
P(12000) = -38000 Loss
P(23000) = 28000 profit
Step-by-step explanation:
Total Cost is Fixed cost plus Variable cost multiplied by the produce quantity.
(a)Cost function
C(x) = FC + vc*Q
Where
FC=Fixed cost
VC=Variable cost
Q=produce quantity
(b)
Revenue function
R(x) = Px * Q
Where
Px= Sales Price
Q=produce quantity
(c) Profit function
Profit = Revenue- Total cost
P(x) =(Px * Q)-(FC + vc*Q)
(d) We have to replace in the profit function
<u>at 12,000 units </u>
P(12000) =($20 * 12,000)-($110,000 + $14*12,000)
P(12000) = -38000
<u>at 23,000 units </u>
P(x) =($20 * 23,000)-($110,000 + $14*23,000)
P(23000) = 28000
Numbers out of 24 that are divisible by 3:
3, 6, 9, 12, 15, 18, 21, 24
That is 8 numbers in total. 8/24.
Reduced: 4/12, 2/6, 1/3.
Final answer : 1/3
Hope this helps :)
The answer to this question is 30
