A company finds that if they price their product at $ 35, they can sell 225 items of it. For every dollar increase in the price, the number of items sold will decrease by 5.


What is the maximum revenue possible in this situation? (Do not use commas when entering the answer) $


What price will guarantee the maximum revenue? $

Answers

Answer 1

The price that guarantees the maximum revenue is $40.

The maximum revenue possible in this situation is $8000.

Given that the company can sell 225 items at a price of $35, and for every dollar increase in price, the number of items sold decreases by 5, we can set up a relationship between price and quantity sold.

Let's denote the price as "P" and the quantity sold as "Q". We can express this relationship as follows:

Q = 225 - 5(P - 35)

This equation represents the decrease in quantity sold as the price increases.

To find the price that guarantees the maximum revenue, we need to find the price at which the quantity sold multiplied by the price is maximized. This is equivalent to finding the maximum value of the revenue function.

Revenue (R) is calculated as:

R = P × Q

To find the price that guarantees the maximum revenue, we need to maximize the revenue function R(P).

Let's substitute the expression for Q into the revenue function:

R(P) = P × (225 - 5(P - 35))

Now, simplify and expand the equation:

R(P) = P × (225 - 5P + 175)

= P × (400 - 5P)

To find the maximum revenue, we need to find the value of P that maximizes R(P). This can be done by finding the critical points of the function, which are the values of P where the derivative of R(P) equals zero.

Let's take the derivative of R(P) with respect to P:

dR(P)/dP = 400 - 10P

Setting the derivative equal to zero and solving for P:

400 - 10P = 0

10P = 400

P = 40

Therefore, the price that guarantees the maximum revenue is $40.

To find the maximum revenue, substitute P = 40 into the revenue function:

R(40) = 40 × (225 - 5(40 - 35))

= 40 × (225 - 5(5))

= 40 × (225 - 25)

= 40 × 200

= 8000

Hence, the maximum revenue possible in this situation is $8000.

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Related Questions

3. What is the distance from (−4, 0) to (2, 5)? Round your answer to the nearest hundredth. (4 points)

Answers

Answer:

7.81

Step-by-step explanation:

its a triangular shape

let x = 4 + 2 = 6

let y = 5

length between two points = h

h² = x² + y²

h² = 6² + 5²

h = sqrt of 61

h = 7.81

You change oil every 6000 miles and drive 2000 miles a month; how many times a year do you change oil?

Answers

Answer:

you would change it 4 times a year

Step-by-step explanation:

if there is 12 months in a year and 3 mounths equal 6000 then divide 12/3=4

(((Please help, asap. Giving brainliest.)))

Explain how you can classify shapes, using the distance and slope formula. <—I got this part I just really need an example. Provide examples to support your response 

Answers

Answer:

Step-by-step explanation:

Try to use the distance formula to determine whether the sides are congruent. So take every pair of consecutive vertices and apply the distance formula. So you will have which, in any, sides are congruent.

Use the slope formula to determine which sides are parallel or perpendicular or neither of those. If the slopes are equal the sides are parallel, if the product of the slopes is - 1 the sides are perpendicular. In any other case the sides are neither parallel nor perpendicular.

With that and the definitions of the shapes you will be able to classify shapes.

To write a full example would be very long .

An easy one might be this as an example:

Given the  points (0,0), (2,0), (2,2) and (0,2), classify the shape.

When you apply the distance formula: you will find 2 for all the sides, so they are all congruent.

When you apply the slope formula you will find two pair of parallel sides, and the sides that intersects are perpendicular.

Therefore... the classification of the shape is a square.

If you are given the graph of g(x)=log2x, how could you graph f(x)=log2x+5

Answers

Answer:

The plus 5 is a vertical translation. It would move g(x) up 5 units at all points. So just take g(x) and move the curve up 5 units.

[URGENT] (25 points) Ryan randomly drew a marble out of a bag of marbles, then put it back. He did
this 25 times. Of the 25 times he drew a red marble 6 times. He concluded
that the probability of drawing a red marble was
6/25​

Answers

Answer:

Unpredictable

Step-by-step explanation:

Cuz if u look at it it is also random and u cant predict a random thing, so its quite simply unpredictable

The initial population of a town is ​, and it grows with a doubling time of 10 years. What will the population be in ​years?

Answers

Answer:

This question is incomplete, i will answer it as:

"The initial population of a town is ​A, and it grows with a doubling time of 10 years. What will the population be in X ​years?"

Ok, the growth of a population usually is an exponential growth, so we can write this as:

P(t) = A*exp(r*t)

Where A is the initial population.

r is the rate of growth, and t is our variable, in this case, number of years.

Now we know that when t = 10y, the population doubles, so we should have:

P(10y) = 2*A = A*exp(r*10y)

2 = exp(r*10)

ln(2) = r*10

ln(2)/10 = r = 0.069.

Then our equation is:

P(t) = A*exp(0.069*t)

Now, if we want to know the population in X years, we need to replace the variable t by X

P(t = X) = A*exp(0.069*X)

Find a vector equation and parametric equations for the line through the point (7,4, 5) and parallel to the vector 3i 2j-k .

Answers

Answer: vector equation r = (7+3t)i + (4+2t)j + (5 - 5t)k

parametric equations: x = 7 + 3t; y = 4 + 2t; z = 5 - 5t

Step-by-step explanation: The vector equation is a line of the form:

r = [tex]r_{0}[/tex] + t.v

where

[tex]r_{0}[/tex] is the position vector;

v is the vector;

For point (7,4,5):

[tex]r_{0}[/tex] = 7i + 4j + 5k

Then, the equation is:

r = 7i + 4j + 5k + t(3i + 2j - k)

r = (7 + 3t)i + (4 + 2t)j + (5 - 5t)k

The parametric equations of the line are of the form:

x = [tex]x_{0}[/tex] + at

y = [tex]y_{0}[/tex] + bt

z = [tex]z_{0}[/tex] + ct

So, the parametric equations are:

x = 7 + 3t

y = 4 + 2t

z = 5 - 5t

The function y=−16x2+v0x models the height of a football in feet x seconds after a player kicks it. In the equation of the function, v0 is the ball's initial velocity in feet per second. The ball hits the ground 2 seconds after the player kicks it.



What is the value of ​v0​?

Answers

Answer:

[tex]\large \boxed{\sf \ \ v_0=32 \ \ }[/tex]

Step-by-step explanation:

Hello,

The equation is

[tex]y=f(x)=-16x^2+v_0 \cdot x[/tex]

The ball hits the ground 2 seconds after the player kicks it, it means that f(2)=0.

We need to find [tex]v_0[/tex]  such that f(2)=0.

[tex]f(2)=-16\cdot 2^2+v_0 \cdot 2=-64+2v_0=0\\\\\text{*** add 64 to both sides ***}\\\\2v_0=64\\\\\text{*** divide by 2 both sides ***} \\\\v_0=\dfrac{64}{2}=32[/tex]

Hope this helps.

Do not hesitate if you need further explanation.

Thank you

Answer:

v0 = 32 ft/s

Step-by-step explanation:

The first three steps in determining the solution set of the system of equations, y = –x2 – 2x + 8 and y = 2x + 11, algebraically are shown in the table

Answers

First step
Using substitution you can fill 2x + 11 in for the y part of the first equation
This will look like: 2x + 11 = -x^2 -2x + 8

Second step
Now we need to solve for the variable by combining like terms you can start by adding x^2 + 2x -8 to both sides
You get 0 = x^2 +4x +3

Third step
Factor
(X+3)(x+1)=0

If you need the y values you can fill in x= -3 to the second equation y= 2(-3) + 11 and y=5
First point is (-3,5)

The other point is found by filling x=-1 into the second equation: y= 2(-1) +11 and y = 9
Second point is (-1,9)

WHY CAN'T ANYONE HELP ME? Twice last​ month, Judy Carter rented a car in​ Fresno, California, and traveled around the Southwest on business. The car rental agency rents its cars for a daily​ fee, plus an additional charge per mile driven. Judy recalls that her first trip lasted 4​ days, she drove 440 ​miles, and the rental cost her ​$286. On her second business trip she drove 190 miles in 3​ days, and paid ​$165.50 for the rental. Find the daily fee and the mileage charge.

Answers

Answer:

The daily rate is $33 and the per mile rate is $0.35

Step-by-step explanation:

4x + 440y = 286

3x + 190y = 165.5

We can solve this systems of equations by multiplying the second statement by [tex]-\frac{4}{3}[/tex] to try and eliminate the x variable.

4x + 440y = 286

-4x - [tex]\frac{760}{3}[/tex]y = -220[tex]\frac{2}{3}[/tex]

[tex]\frac{560}{3}[/tex] y= [tex]\frac{196}{3}[/tex]

560y = 196

y = 0.35

So, the rate per mile is 0.35. Now, with this info, let's find the daily rate by plugging it into the equation.

[tex]4x + 440\cdot0.35 = 286\\4x + 154 = 286\\4x = 132\\x = 33[/tex]

So, the daily rate is $33 and the mile rate is $0.35.

Hope this helped!

Answer:

the daily fee =33 dollars

and the mileage charge.=0.35

let d: be daily fee and m for mileage

cost of rental =(d*number of days)+ (m*number of mileage)

her first trip: 4d+440m=286

her second trip: 3d+190m=165.5

solve by addition and elimination

4d+440m=286 ⇒ multiply by 3 ⇒12d +1320m=(3)286

3d+190m=165.5⇒ multiply by 4⇒12d+190(4)m=4(165.5)

12d+1320m=858

12d+760m=662

subtract two equation to eliminate d

12d+1320m-12d-760m=858-662

560m=196

m=7/20=0.35 for on mileage

d: 4d+440m=286

4d=286-440(0.35)

d=(286-154)/4 33 dollars

A company pays its employees an average wage of $17.90 an hour with a standard deviation of $1.50. If the wages are approximately normally distributed and paid to the nearest cent, the highest 2.5% of the employees hourly wages is greater than what amount

Answers

Answer:

$20.84

Step-by-step explanation:

To solve the above question, we would be using the z score formula

The formula for calculating a z-score :

z = (x - μ)/σ,

where x is the raw score

μ is the population mean

σ is the population standard deviation

x = unknown

μ = $17.90

σ = $1.50

We were not given z score in the above question but this can be determined.

We are told in the question to find the amount that the highest 2.5% of the employees hourly wages is greater than.

Hence, our confidence interval = 100 - 2.5 = 97.5%

The z score for 97.5% = 1.96

Below are inequalities equations with more explanation.

P(X ≥ x) = 2.5% = 0.025

P(X ≤ x) = 1 - 0.025 = 0.975

P (X - μ)/σ ≤ (x - μ)/σ) = 0.975

z ≤ (x - μ)/σ = 0.975

z ≤ 1.96 = 0.975

z = (x - μ)/σ,

1.96 = x - 17.90/1.5

Cross Multiply

1.96 × 1.5 = x - 17.90

x = (1.96 × 1.5) + 17.90

x = 2.94 + 17.90

x = 20.84

Therefore, the amount that the highest 2.5% of the employees hourly wages is greater than is $20.84

EXAMPLE 5 If f(x, y, z) = x sin(yz), (a) find the gradient of f and (b) find the directional derivative of f at (1, 2, 0) in the direction of v = i + 4j − k. SOLUTION (a) The gradient of f is ∇f(x, y, z) = fx(x, y, z), fy(x, y, z), fz(x, y, z)

Answers

Answer:

a) f =  sin(yz)i + xzcos(yz)j + xycos(yz)kb) -2

Step-by-step explanation:

Given f(x, y, z) = x sin(yz), the formula for calculating the gradient of the function is expressed as ∇f(x, y, z) = fx(x, y, z)i+ fy(x, y, z)j+fz(x, y, z)k where;

fx, fy and fz are the differential of the functions with respect to x, y and z respectively.

a) ∇f(x, y, z) = sin(yz)i + xzcos(yz)j + xycos(yz)k

The gradient of f =  sin(yz)i + xzcos(yz)j + xycos(yz)k

b) Directional derivative of f at (1,2,0) in the direction of v = i + 4j − k is expressed as ∇f(1, 2, 0)*v

∇f(1, 2, 0) = sin(2(0))i +1*0cos(2*0)j + 1*2cos(2*0)k

∇f(1, 2, 0) = sin0i +0cos(0)j + 2cos(0)k

∇f(1, 2, 0) = 0i +0j + 2k

Given v = i + 4j − k

∇f(1, 2, 0)*v (note that this is the dot product of the two vectors)

∇f(1, 2, 0)*v =  (0i +0j + 2k)*(i + 4j − k )

Given i.i = j.j = k.k =1 and i.j=j.i=j.k=k.j=i.k = 0

∇f(1, 2, 0)*v = 0(i.i)+4*0(j.j)+2(-1)k.k

∇f(1, 2, 0)*v = 0(1)+0(1)-2(1)

∇f(1, 2, 0)*v =0+0-2

∇f(1, 2, 0)*v= -2

 

Hence, the directional derivative of f at (1, 2, 0) in the direction of v = i + 4j − k is -2

A card is drawn from a well shuffled deck of 52 cards. What is the probability of drawing an ace or a 9? Round to nearest thousandth

Answers

Answer:

.154

Step-by-step explanation:

There are 52 cards

There are 4 aces and 4  9's for a total of 8 cars

P (ace or 9) = number of aces or 9's / total

                   = 8/52 = 2 /13 =.153846154

To the nearest thousandth

                      = .154

Answer:

0.154

Step-by-step explanation:

We want to find the probability of drawing an ace or a 9.

P(ace or 9)= aces and 9s / total cards

There are 4 aces and 4 9s in a standard deck of cards. This means there is a total of 8 aces and 9s.

In a standard deck of cards, there is a total of 52 cards.

P(ace or 9)= aces and 9s / total

aces and 9s= 8

total= 52

P(ace or 9)= 8/52

This fraction can be simplified. Both the numerator and denominator can be evenly divided by 4.

P(ace or 9)= (8/4) / (52/4)

P(ace or 9)= 2/13

P(ace or 9)= 0.153846153846154

Round to the nearest thousandth. The 8 in the ten thousandth place tell sus to round the 3 up to a 4.

P(ace or 9) = 0.154

The probability of drawing an ace or 9 is 0.154

A random sample of 10 subjects have weights with a standard deviation of 11.6144 kg. What is the variance of their​ weights? Be sure to include the appropriate units with the result.

Answers

Answer:

Variance=134.8943 kg

Step-by-step explanation:

The relationship between standard deviation and variance is that standard deviation is the square root of the variance.

So given the value of standard deviation to be 11.6144kg, the variance will be the square of the number.

Standard deviation= √variance

Standard deviation ²=√variance²

Standard deviation ² = variance

11.6144²= variance

134.8943

Variance=134.8943 kg

Answer:

122.4409 kg

Step-by-step explanation:

If x^2/2 is added to sum of y^2/2
,the number equals to 0 . find the value of x and y

Answers

Answer:

0

Step-by-step explanation:

x ^2/2 + y^2/2 = 0

Then x and y can be 0

0^2/2 + 0^2/2

0/2 +0/2 = 0

0 + 0 = 0

0 = 0

Marcia is a bag that contains four green marbles, eight yellow marbles, and 20 red marbles. If she chooses one marble from the bag, what is the probability that the marble is not red?

Answers

Answer:

3/8

Step-by-step explanation:

The bag contains 4 green marbles, 8 yellow marbles and 20 red marbles.

The total number of marbles is 32.

She chooses one from the bag.

The probability of the marble not being red is:

P(not red) = 1 - P(red)

P(not red) = 1 - (20 / 32) = 1 - 5/8

P(not red) = 3/8

The probability of it not being red is 3/8.

I need answers for 1 , 2, 4​

Answers

Answer:

(3) x ≥ -3

(4) 2.5 gallons

(4) -12x + 36

Step-by-step explanation:

Hey there!

1)

Well its a solid dot meaning it will be equal to.

So we can cross out 1 and 2.

And it's going to the right meaning x is greater than or equal to -3.

(3) x ≥ -3

2)

Well if each milk container has 1 quart then there is 10 quarts.

And there is 4 quarts in a gallon, meaning there is 2.5 gallons of milk.

(4) 2.5 gallons

4)

16 - 4(3x - 5)

16 - 12x + 20

-12x + 36

(4) -12x + 36

Hope this helps :)

several different positive integers are written on a blackboard. the product of the smallest two of them is 16. the product of the largest 2 of them is 225. what is the sum of the integers?

Answers

Answer:

44

Step-by-step explanation:

The integers 2,8,9 and 25 fit to the terms of the problem.

So the smallest two are 2 and 8 =>2*8=16

and 9*25=225

Note that another pair of integers which product is 16 can be 1 and 16.

However it means that both numbers which product is 225 are bigger  than 16 - this is not possible so 16*16=256>225

So only numbers 2,8,9 and 25 fit to the terms of the problem.

Note that there is no any integer number between 8 and 9 . So there are four integers in total and these integers are 2,8,9 and 25.

The sum of these integers is 2+8+9+25=44

im not sure what it is asking me to do

Answers

Answer: the probability that x is smaller or equal to 0 is 0.79

Explanation:

Find the probability that x is smaller or equal to 0

In the table the number that are smaller or equal to 0 are -5,-3,-2,0

And we are given the probability of each number

So all you have to do is add all the probability of the number that are smaller or equal to 0:

0.17 + 0.13 + 0.33 + 0.16 = P
0.79 = P

Answer:

0.79

Step-by-step explanation:

[tex]p(x \leqslant 0) = p( - 5) + p( - 3) + p( - 2) + p(0)[/tex]

[tex] = 0.17 + 0.13 + 0.33 + 0.16 [/tex]

[tex] = 0.79[/tex]

Hope this helps...

Best regards!!

Which of the following box plot best represents the set of data below

Answers

Answer:

C. Box plot B

Step-by-step explanation:

Which expression is equivalent to x^-5/3?

Answers

Answer:

[tex]\frac{1}{(\sqrt[3]{x} )^5}[/tex]

Step-by-step explanation:

[tex]x^{-\frac{5}{3} }[/tex] = [tex](\sqrt[3]{x} )^{-5}[/tex] = [tex]\frac{1}{(\sqrt[3]{x} )^5}[/tex]

A 24-centimeter by 119-centimeter piece of cardboard is used to make an open-top box by removing a square from each corner of the cardboard and folding up the flaps on each side. What size square should be cut from each corner to get a box with the maximum volume

Answers

Answer:

The size square removed from each corner = 32.15 cm²

Step-by-step explanation:

The volume of the box = Length * Breadth * Height

Let r be the size  removed from each corner

Note that at maximum volume, [tex]\frac{dV}{dr} = 0[/tex]

The original length of the cardboard is 119 cm, if you remove a  size of r (This typically will be the height of the box)  from the corner, since there are two corners corresponding to the length of the box, the length of the box will be:

Length, L = 119 - 2r

Similarly for the breadth, B = 24 - 2r

And the height as stated earlier, H = r

Volume, V = L*B*H

V = (119-2r)(24-2r)r

V = r(2856 - 238r - 48r + 4r²)

V = 4r³ - 286r² + 2856r

At maximum volume dV/dr = 0

dV/dr = 12r² - 572r + 2856

12r² - 572r + 2856 = 0

By solving the quadratic equation above for the value of r:

r = 5.67 or 42

r cannot be 42 because the  size removed from the corner of the cardboard cannot be more than the width of the cardboard.

Note that the area of a square is r²

Therefore, the size square removed from each corner = 5.67² = 32.15 cm²

Graph the linear equation. Find three points that solve the equation. - 3x +2y=2

Answers

Answer:

y=3/2x+1   0,1  2,4  4,7

Step-by-step explanation:

-3x+2y=2

+3x

2y=3x+2

/2    /2    /2

y=3/2x+1

A drawer is filled with 3 black shirts, 8 white shirts, and 4 gray shirts. One shirt is chosen at random from the drawer. Find the probability that it is not a white shirt. Write your answer as a fraction.

Answers

The probability that the shirt that is chosen at random from the drawer is not a white shirt, can be found to be  47 %

How to find the probability ?

The probability that the shirt picked is not a white shirt can be found by first finding the number of shirts that are not white shorts in the drawer. This number is :

= Number of black shirts + Gray shirts

= 3 + 4

= 7 shirts

Then, find the total number of shirts in the drawer, including the white shirts :
=  Number of black shirts + Gray shirts  + White shirts

= 3 + 8 + 4

= 15 shirts

The probability that when a shirt is chosen at random, that it is not a white shirt is :

= Number of shirts that are not white / Total number of shirts

= 7 / 15

= 47 %

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Find the left critical value for 95% confidence interval for σ with n = 41. 26.509 24.433 55.758 59.342

Answers

Answer: 59.342

Step-by-step explanation:

The chi-square critical values are used to find the confidence interval for σ.

Left critical value = [tex]\chi^2_{\alpha/2, n-1}[/tex] [i.e. chi-square value from chi-square table corresponding to degree of freedom n-1 and significance level of [tex]\alpha/2[/tex]]

To find : left critical value for 95% confidence interval for σ with n = 41.

Significance level : [tex]\alpha=1-0.95=0.05[/tex]

degree of freedom = 41-1=40

Now, the  left critical value for 95% confidence interval for σ with n = 41 is the chi-square value corresponding  to degree of freedom n-1 and [tex]\alpha/2=0.025[/tex]

=59.342  [from chi-square table ]

please help me please!!! ​

Answers

Answer:

she has covered 6 miles in 1 ½ hours

Step-by-step explanation:

you need to learn how to read a graph.

it quite easy actually.

just look where the line on the graph is on 1.5 hours ( you can count the boxes if you don't know where 1.5 or 1 ½ is)



How do I tell if scatterplot is linear?

Answers

try drawing a light line through the points, is the line straight ? or is it curved. if straight it is linear.
i looked it up because i wasn’t sure how to explain very well , i will include a picture . i hope it helps :)

what is the answer to the equation? plz help 3x+8=9+3x-14

Answers

Answer:

It does not have an answer as 3x != 3x + 13 or not equalivalent

Step-by-step explanation:

Answer:

no solution

Step-by-step explanation:

3x+8=9+3x-14

Combine like terms

3x+8 = 3x -5

Subtract 3x from each side

8 = -5

This is never true so there is no solution

n = 9
H0 : 50 = 47
Ha : 50 s = 3
Assume data are from normal population. The p-value is equal to:______.
a. 0.0171.
b. 0.0805.
c. 0.2705.
d. 0.2304.

Answers

Answer:

The p-value is 0.809.

Step-by-step explanation:

In this case we need to perform a significance test for the standard deviation.

The hypothesis is defined as follows:

H₀: σ₀ = 4 vs. Hₐ: σ₀ ≤ 4

The information provided is:

n = 9

s = 3

Compute the Chi-square test statistic as follows:

[tex]\chi^{2}=\frac{(n-1)s^{2}}{\sigma_{0}^{2}}[/tex]

     [tex]=\frac{(9-1)\cdot (3)^{2}}{(4)^{2}}\\\\=\frac{8\times 9}{16}\\\\=4.5[/tex]

The test statistic value is 4.5.

The degrees of freedom is:

df = n - 1

   = 9 - 1

   = 8

Compute the p-value as follows:

[tex]p-value=P(\chi^{2}_{9}>4.5)=0.809[/tex]

*Use a Chi-square table.

Thus, the p-value is 0.809.

a.
C.
Use a graphing calculator to sketch the graph of the quadratic equation, and then state the domain and range-
y = -5x² - 4x + 1
D: all real numbers
D: (x20)
R: ( 31.8)
R: all real numbers
b. D: all real numbers
d. D: all real numbers
R: ( 2 1.8)
R: ( 30.2)

Answers

Answer:

Step-by-step explanation:

y = -5x² - 4x + 1 is a quadratic and thus is defined on the domain "all real numbers."  Because of the negative sign in front of the x^2 term, we know that this parabolic curve opens downward.  The x-coordinate of the vertex is x = -b/[2a], which in this case is x = 4/[2*-5], or -4/10, or -2/5.  Using synthetic division to determine the y-coordinate of the vertex, we get vertex (-2/5, 9/5).  9/5 is the maximum y value.  The range is (-infinity, 9/5].

Other Questions
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