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

Answer:
x Superscript 9 Baseline (RootIndex 3 StartRoot y EndRoot)
OR x^9/(∛y)
Step-by-step explanation:
Given the indicinal equation
(x^27/y)^1/3
To find the corresponding expression, we will simplify the equation as shown:
(x^27/y)^⅓
= (x^27)^⅓/y⅓
= {x^(3×9)}^⅓/y⅓
= x^9/y⅓
= x^9/(∛y)
The right answer is x Superscript 9 Baseline (RootIndex 3 StartRoot y EndRoot)
Answer:
3
Step-by-step explanation:
<u>Answer-</u>
<em>A. strong negative correlation.</em>
<u>Solution-</u>
<u>Direction of a relationship</u>
- Positive- If one variable increases, the other tends to also increase. If one decreases, the other tends to also. It is represented by positive numbers(i.e 0 to 1).
-
Negative- If one variable increases, the other tends to decrease, and vice-versa. It is represented by negative numbers(i.e 0 to -1)
<u>Strength of a relationship</u>
- Perfect Relationship- When two variables are linearly related, the correlation coefficient is either 1 or -1. They are said to be perfectly linearly related, either positively or negatively.
- No relationship- When two variables have no relationship at all, their correlation is 0.
As in this case, correlation coefficient was found to be -0.91, which is negative and close to -1, so it is a strong negative correlation.
Answer:

Step-by-step explanation:
You have 52 cards in a deck and 13 cards of each suit.
The probability of picking a diamond in a complete deck of cards is:

Or the probability is 13 put of 52.
Since you took out 1 diamond card already there would be only 51 cards left and 12 diamond cards left. So you would have a probability of:

If we simplify it you will have a probability of:
