The weekly demand function for x units of a product sold by only one firm is
p = 800 − 0.5x dollars, and the average cost of production and sale is C(with a line on top) = 300 + 2x dollars.
(a) Find the quantity that will maximize profit.
(b) Find the selling price at this optimal quantity.
(c) What is the maximum profit?
Answer:
a) x = 798 is the quantity that maximizes the profit
b)po(x) = 401 $/unit
c)P(max ) = 636105 $
Step-by-step explanation:
The weekly demand function is equal to the price by unit and the Revenue function is weekly demand times quantity of units then:
R(x) = p(x) * x
R(x) = ( 800 - 0,5*x ) * x
R(x) = 800*x - 0,5*x²
The equation for the profit is:
P(x) = R(x) - C(x)
P(x) = 800*x - 0,5*x² - ( 300 + 2*x)
P(x) = 798*x - 0,5*x² - 300
a) P(x) = 798*x - 0,5*x² - 300
Taking derivatives on both sides of the equation:
P´(x) = 798 - x
If P´(x) = 0 then 798 - x = 0
x = 798 is the quantity that maximizes the profit
b) Selling price for the optimal quantity is:
p(x) = 800 - 0,5*x
p(x) = 800 - 0,5* 798
po (x) = 800 - 399
po(x) = 401 $/unit
c) Pmax = ?
P(x) = 798*x - 0,5*x² - 300 by subtitution of x = 798
P(max) = 636804 - 399 - 300
P(max ) = 636105 $
a) The quantity that will maximize profit is [tex]100 \ units[/tex].
b) The selling of at this optimal quantity is [tex]\[/tex][tex]750[/tex] per unit.
c) So, the maximum profit is [tex]\[/tex][tex]25000[/tex].
Demand Function:A demand function is a mathematical equation that expresses the demand for a product or service as a function of its price and other factors such as the prices of the substitutes and complementary goods, income, etc.
The given demand function,
[tex]P=800-\frac{1}{2}x[/tex]
So, the revenue function is,
[tex]R(x)=p.x\\R(x)=800-x-\frac{1}{2}x^{2}[/tex]
[tex]\Rightarrow[/tex]Average cost is
[tex]\bar{C}=300+2x[/tex]
So, the total cost function is,
[tex]C\left ( x \right )=\bar{C}.x \\ C\left ( x \right )=300x+2x^{2}[/tex]
a) Profit function:
[tex]P\left ( x \right )=R\left ( x \right )-C\left ( x \right ) \\ =800x-\frac{1}{2}x^{2}-300x-2x^{2} \\ P\left ( x \right )=500x-\frac{5}{2}x^{2}[/tex]
For maximum,
[tex]{P}'\left ( x \right )=0 \\ 500\left ( 1 \right )-\frac{5}{2}\left ( 2x \right )=0 \\ 500-5x=0 \\ x=100[/tex]
b) Selling Price:
[tex]P=800-\frac{1}{2}x \\ at \ x=100 \\ P=800-\frac{1}{2}\left ( 100 \right ) \\ =\$ 750[/tex]
c) Maximum Profit:
[tex]P\left ( x \right )=500x-\frac{5}{2}x^{2} \\ P\left ( 100 \right )=500\left ( 100 \right )-\frac{5}{2}\left ( 100 \right )^{2} \\ P\left ( 100 \right )=\$ 25000[/tex]
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In a coordinate plane, plot the points and sketch
angle. Write the coordinates of a point that lies in the interior of the
angle and the coordinates of a point that lies in the exterior of the
angle.
A(-5,0)
B(-1,-4)
C(4,2)
Answer:
A.
Step-by-step explanation:
Ed and Suzie went out to eat at Pizzeria. The dinner check was $24.00. They left a tip of $4.32. What percent of the check was the tip?
Answer:
18%
Step-by-step explanation:
24-18% is 19.68 which means it took away $4.32.
Alice drops a rubber ball from a height of 4 feet. The equation t2=4/16 represents the amount of time, in seconds, it takes for the ball to reach the ground. How long will it take the ball to reach the ground?
A 1/4 second
B 1/2 second
C 2 seconds
D 4 seconds
Answer:
Letter B
Step-by-step explanation:
Answer:
I belive the answer is B
Step-by-step explanation:
Solving a System of Linear Inequalities
Given the system of inequalities:
4x - 5y = 1
Which shows the given inequalities in slope-intercept
form?
Answer:
y = 4/5x -1/5
Step-by-step explanation:
4x -5y = 1
-5y = -4x + 1
5y = 4x - 1
y = 4/5x - 1/5
Add parentheses to make 6-9-2+3x6 equal to 17
Answer:
6-(9-2)+3x6
Step-by-step explanation:
hope it helps
The price for a new car, without sales tax, is
$18,900. The buyer must also pay a 5% state
sales tax. What is the cost of the car includ-
ing the sales tax?
Answer:
Step-by-step explanation:
18900 divided by 10 = 1890
1890 divided by 2 is 945
945 is 5 percent of 18900
18900 + 945 = 17955
Answer = 19845
Name the points which satisfy the conditions. The ordinate is zero.
9514 1404 393
Answer:
G
Step-by-step explanation:
The one point with a y-value of 0 is the one on the x-axis: G.
Use the Intermediate Value Theorem to show that there is a root of the given equation in the specified interval. ex = 3 − 2x, (0, 1) The equation ex = 3 − 2x is equivalent to the equation f(x) = ex − 3 + 2x = 0. f(x) is continuous on the interval [0, 1], f(0) = _____, and f(1) = _____. Since f(0) < 0 < f(1) , there is a number c in (0, 1) such that f(c) = 0 by the Intermediate Value Theorem. Thus, there is a root of the equation ex = 3 − 2x, in the interval (0, 1)
Answer:
[tex]f(0)=-2\\f(1)=e-1[/tex]
Step-by-step explanation:
According to intermediate value theorem, if a function is continuous on an interval [tex][a,b][/tex], and if [tex]k[/tex] is any number between [tex]f(a)[/tex] and [tex]f(b)[/tex], then there exists a value, [tex]x=m[/tex], where [tex]a<m<b[/tex], such that [tex]f(m)=k[/tex]
In the given question,
Intermediate Value Theorem is used to show that there is a root of the given equation in the specified interval.
Here,
[tex]f(x)=e^x-3+2x[/tex]
Put [tex]x=0[/tex]
[tex]f(0)=e^0-3+2(0)=1-3+0=-2[/tex]
Put [tex]x=1[/tex]
[tex]f(1)=e^1-3+2(1)=e-3+2=e-1[/tex]
When is it appropriate to model data with a liner function? Give an example of real world data that can be modeled with a linear function. Include the linear function and a sample of the data
Answer:
The linear function would be:
C = 10t + 2
where C is the cost and t is time in months
Step-by-step explanation:
The following relation is a function: {(-8, – 9), (-4, 5), (1, 5), (4, 7)}
Answer:
Yes
Step-by-step explanation:
The following relation is a function. When graphed, it passes the vertical line test, and you don't go across any two points at the same time. So therefore, it is a function. Another easy way to determine if the relation is a function is by taking a look at the x-coordinates. If any x-coordinates are the same, then it's not a function. If all x-coordinates are the same, then it's a function.
Hope this helps. Please mark brainliest.
The Law of Large Numbers states that as an experiment is repeated, the relative frequency of an event tends toward the real probability.
a. if the probability of a specific observed event is very small, it is unlikely that the assumption about the probability is correct.
b. the probability of obtaining a favorable outcome increases as the number of trials increases.
c. the sampling distribution of the sample mean will be approximately normally distributed as long as the sample size is sufficiently large.
d. the probability that an event will occur is derived from one's increasing knowledge of relevant circumstances.
Answer:
c. the sampling distribution of the sample mean will be approximately normally distributed as long as the sample size is sufficiently large
Step-by-step explanation:
The law of large numbers is a statistical law, that states : As sample size grows, the sample mean tends to go closer to whole population mean.
So, the sampling distribution of the sample mean will be approximately normally distributed as long as the sample size is sufficiently large
Please find the area and circumference of
the circle below
Answer:
area: 153.86
Circumference: 43.96 :D
Step-by-step explanation:
Four college friends (one is named Cathy) were all accepted to a graduate school.
Answer:
Wow that is great
Step-by-step explanation:
is there a question? uhhhmmmmm
The students can make 6 tickets from each sheet of paper. How many sheets of paper. How many sheets of paper are needed for 125 tickets?
Answer:
20.8333333
Step-by-step explanation:
6 x 20.8333333 = 125
HELP WITH NUMBER 6 ASAP PLEASE!!!!!!!
Write 1/8% as a decimal number Enter your number in the box
Answer:
it is 0.125
Step-by-step explanation:
......................
Compute the mean, median, and mode for the following three sets of scores saved.
Score 1 Score 2 Score 3
3 34 154
7 54 167
5 17 132
4 26 145
5 34 154
6 25 145
7 14 113
8 24 156
6 25 154
5 23 123
Answer/Step-by-step explanation:
Score 1:
3, 7, 5, 4, 5, 6, 7, 8, 6, 5
Mean = [tex] \frac{3 + 7 + 5 + 4 + 5 + 6 + 7 + 8 + 6 + 5}{10} = \frac{56}{10} = 5.6 [/tex]
Median: order the data from least to the greatest.
3, 4, 5, 5, 5, 6, 6, 7, 7, 8
The median is average of the fifth and sixth data value in the data set
Median = (5 + 6)/2 = 11/2 = 5.5
Mode = value with the highest frequency = 5
Score 2:
34, 54, 17, 26, 34, 25, 14, 24, 25, 23
Mean = sum of all values/10
Mean = 276/10 = 27.6
Median: order the data set from min to max.
14, 17, 23, 24, 25, 25, 26, 34, 34, 54
The median is average of the fifth and sixth data value in the data set
Median = (25 + 25)/2 = 50/2 = 25
Mode = 25 and 34 (both have frequencies of 2)
Score 3:
154, 167, 132, 145, 154, 145, 113, 156, 154, 123
Mean = sum of all values/10
Mean = 1443/10 = 144.3
Median: order the data set from min to max.
113, 123, 132, 145, 145, 154, 154, 154, 156, 167
The median is average of the fifth and sixth data value in the data set
Median = (145 + 154)/2 = 299/2 = 149.5
Mode = 154
Brandon enters bike race. He bikes 9 1/2 miles every 1/2 hour
In a population of 271 Dd parrots, predators kill 55. What is the approximate fitness of the genotype?
Fitness of Dd: 20%
Fitness of Dd: 40%
Fitness of Dd: 60%
Fitness of Dd: 80%
Answer:
60%
Step-by-step explanation:
They killed quite a bit and a lot were left.
63+5(8+1/5)
the 6 and 3 is not 63 it is 6 and a 3 in the corner.
Please help it would help me alot!!!
Answer: Total cost for 1 ride = $11. Total cost for 2 rides = $14. Total cost for 3 rides = $17. Total cost for 4 rides = $20. Total cost for 5 rides = $23
Step-by-step explanation:
How many times greater is the product of 4 x 300 than the product 4 x 30
Answer:
10 times bigger
Step-by-step explanation:
because if you do 4 times 300 thats 1200
and if you do 4 times 30 then you get 120
and 120 times 10 is 1200 so there you go.
HOPED THIS HELPED!!!!!!!!! :D
lines A and B are parallel lines find the measures of angle 1
Answer:
33Step-by-step explanation:
alternate angles are equal
see attached
The measure of ∠1 is 33° .
What is alternate interior angles?When two parallel lines are crossed by a transversal, the pair of angles formed on the inner side of the parallel lines, but on the opposite sides of the transversal are called alternate interior angles. These angles are always equal.
According to the question
As given , lines A and B are parallel lines
therefore ,
∠1 = 33°
∠3 = 57°
they are between parallel line and opposite of transversal line
So, they are alternate interior angles and are equal .
Hence, The measure of ∠1 is 33° .
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4cm
2cm
6cm
Find the area please
Step-by-step explanation:
ummm where is the pic? like bruh
Answer:
48 cm
Step-by-step explanation:
Multiply 4x2x6 and get the answer of 48 cm.
At a swimming pool there are 2 managers 8 lifeguards 3 concession stand clerks and 2 maintenance people. If a person is selected at random what is probability that person is either a lifeguard or manager
Step-by-step explanation:
The total number of people mentioned in this problem is 15. 15 will be the denominator for the probability in fraction form. The sum of the # of people that include lifeguards and managers will be the numerator.
Therefore, the probability that the person picked is either a manager or a lifeguard is 10/15 [because there are 2 managers and 8 lifeguards; 2 + 8 =10].
Fraction form of probability: 10/15
Decimal form: 0.6 repeated
Percent form: about 66.67%
The probability that person is either a lifeguard or manager is 2/3.
What is Probability?Probability refers to potential. A random event's occurrence is the subject of this area of mathematics.
The range of the value is 0 to 1. Mathematics has incorporated probability to forecast the likelihood of various events.
The degree to which something is likely to happen is basically what probability means.
We have,
There are 2 managers 8 lifeguards 3 concession stand clerks and 2 maintenance people.
Total = 2 + 8 + 3 + 2 = 15
So, P(lifeguard) = 8/15, P(Manager) = 2/15.
Then, P ( lifeguard or Manager)
= 8/15 + 2/15
= 10/15
= 2/3.
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Is f^-1(x) = x/9 - 5/9 a function?
⠀ ⠀ ⠀ ⠀ ⠀ ⠀ ⠀_____________
⠀ ⠀ ⠀ ⠀ ⠀ ⠀ ⠀;; ∥ • Given:
⠀[tex]f-¹(x)=\frac{x}{9}-\frac{5}{9}[/tex].
⠀ ⠀ ⠀ ⠀ ⠀ ⠀ ⠀_____________
⠀ ⠀ ⠀ ⠀ ⠀ ⠀ ⠀;; ∥ • To find out:
⠀Is a function [tex]f-¹(x)=\frac{x}{9}-\frac{5}{9}[/tex] or not.
⠀ ⠀ ⠀ ⠀ ⠀ ⠀ ⠀_____________
⠀ ⠀ ⠀ ⠀ ⠀ ⠀ ⠀;; ∥ • Hello, ZoFlo2020!
⠀ ⠀ ⠀ ⠀ ⠀ ⠀ ⠀_____________
⠀ ⠀ ⠀ ⠀ ⠀ ⠀ ⠀;; ∥ • Answer (Response Explanation):
⠀ ⠀ ⠀ ⠀ ⠀ ⠀ ⠀_____________
⠀No, it is not. Such an example is not even possible to solve, to be honest. It doesn’t have a single solution to find at least an approximate part of its solution and answer.
⠀ ⠀ ⠀ ⠀ ⠀ ⠀ ⠀_____________
⠀ ⠀ ⠀ ⠀ ⠀ ⠀ ⠀;; ∥ • Sincerely, Your ElskerNorge! :)
⠀ ⠀ ⠀ ⠀ ⠀ ⠀ ⠀_____________
2. Manny wants to rent a movie. Each movie costs $1 to rent. The function f(x) = X
represents this situation. Explain what x and f(x) represent in this situation."
Please help I would appreciate
Answer:
the 1st 2nd and 5th since if there is even one negative in the fraction it makes the whole fraction negative
Factorise fully
-14x - 8
ease do quick, will mark brainiest!
Answer:
-2( 7x+4)
Step-by-step explanation:
-14x - 8
Factor out -2
-2*7x -2*4
-2( 7x+4)
Answer:
2(-7x -4)Step-by-step explanation:
[tex] - 14x - 8[/tex]
Write -8 as -4×2
[tex] - 14x + 2 \times 4[/tex]
Factor out common term : 2
[tex]2( - 7x - 4)[/tex]