Raymond B. answered 04/16/22
Math, microeconomics or criminal justice
P(m) = 1.3(m+4)
P(m) = 1.3m + 5.2
consumer price = $5.20 + 1.3m where m= manufacturer's cost in dollars. 130% = 1.3
Brittyn C.
asked 02/22/22A manufacturer of tools, selling rechargeable drills to a chain of home improvement stores, charges
$4
more per drill than its manufacturing cost, m. The chain then sells each drill for
130%
of the price that it paid the manufacturer. Find a function
P(m)
for the price at the home improvement stores.
Raymond B. answered 04/16/22
Math, microeconomics or criminal justice
P(m) = 1.3(m+4)
P(m) = 1.3m + 5.2
consumer price = $5.20 + 1.3m where m= manufacturer's cost in dollars. 130% = 1.3
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