Answer:
Demand: q = -50p + 1200
Supply: q = 40p
Step-by-step explanation:
First let's define our variables.
q = quantity of T-shirts
p = price
We know that when p = 12, q = 600. When p increases by 1, q decreases by 50. So this is a line with slope -50 that passes through the point (12, 600). Using point-slope form to write the equation:
q - 600 = -50 (p - 12)
Converting to slope-intercept form:
q - 600 = -50p + 600
q = -50p + 1200
Similarly, we know that when p = 9.75, q = 600 - 210 = 390. When p increases by 1, q increases by 40. So this is a line with slope 40 that passes through the point (9.75, 390). Using point-slope form to write the equation:
q - 390 = 40 (p - 9.75)
Converting to slope-intercept form:
q - 390 = 40p - 390
q = 40p
Answer:
Salaried pay is preferable for a new employee
Step-by-step explanation:
<u>As per table, hours worked per week:</u>
- 0+ 8.5+ 9.5+ 7.5+ 8+ 8.5+ 4 = 46
<u>Employee gets paid for 46 hours per week:</u>
- $40*14 + (46- 40)*$21 = $686
<u>Average yearly salary would be:</u>
<u>Comparing with annual salary, we see:</u>
As we see, hourly employees get paid less, so the new employee should choose annual salary option
Sandra has .5 of flour left after making 3 batches of cookies
Given that the die-cast has been represented by 3/16 in to 1 foot, We are are required to calculate for the actual measure of a toy measuring 6.5 inches wide and 8.5 inches long;
the actual width will be given by:
(6.5÷3/16)×1
=34.66666667
=35 feet
The actual length will be given by:
(8.5÷3/16)×1
=45.333
=45 feet
