What is the sum of 6/7 and 1/2?
2 answers:
Answer: in improper form and
in mixed fraction form.
Step-by-step explanation: +
= ? First you have to find the LCM (Least Common Multiple) of 7 and 2; also known as the LCD (Least Common Denominator). The LCM of 7 and 2 is 14 so you have to multiply both of the fractions by the number that equals 14, remember to multiply it for the numerator too.
x
=
Then
x
=
Now you add
and
together. You leave the denominator as 14 because you found the LCD of 7 and 2 already, so you add 12 and 7 together which gives you 19. The answer would be
in improper fraction form and
in mixed fraction form.
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Answer:
a) Demand function:
b) The rebate should be of $200, so the sale price becomes $300 per unit.
c) The rebate should be of $150, so the sale price becomes $350 per unit.
Step-by-step explanation:
a) In this case, we have a known point of the demand function (1000 units sold at $500), and the slope of a linear function (increase by 100 units fora decrease in $10).
We can express the demand function (linear) as:
To calculate the slope m, we use:
To calculate b, we use the known point and the calculated slope:
Then the demand function is:
b) The revenue can be expressed as:
To maximize, we can derive and equal to zero
The rebate should be of $200, so the sale price becomes $300 per unit.
c) If we take into account the cost, we have that
To maximize, we can derive and equal to zero
The rebate should be of $150, so the sale price becomes $350 per unit.