8 Answered Questions for the topic Finite Math Help

Finite Math Help

02/25/15

Formulate a system of equations and solve.

A theater has a seating capacity of 711 and charges $2 for children, $4 for students, and $6 for adults. At a certain screening with full attendance, there were half as many adults as children and... more
Finite Math Help

02/24/15

Formulate a system of equations for the situation below and solve.

A private investment club has $144,000 earmarked for investment in stocks. To arrive at an acceptable overall level of risk, the stocks that management is considering have been classified into... more
Finite Math Help

02/22/15

Pivot the system below in Matrix form.

Pivot the system about the element in row 2, column 1. [-7   -4|-4] [4   -10|6]
Finite Math Help

02/22/15

Formulate but do not solve the problem.

Cantwell Associates, a real estate developer, is planning to build a new apartment complex consisting of x one-bedroom units and y two-bedroom townhouses and z three-bedroom townhouses. A total of... more

02/19/15

The population of a country is growing at a rate of 2.5% compounded continuously. If the population at present is 145 million, what the population will be afte

Write the answer to the nearest million. Please show steps. thank you.
Finite Math Help

02/13/15

Find break-even point and what point the profit function crosses the x-axis.

AutoTime, a manufacturer of 24-hr variable timers, has a monthly fixed cost of $5,000 and a production cost of $8 for each timer manufactured. The units sell for $13 each. Find the break-even... more
Finite Math Help

02/12/15

Finding break-even point with information given in problem

A division of the Gibson Corporation manufactures bicycle pumps. Each pump sells for $9, and the variable cost of producing each unit is 20% of the selling price. The monthly fixed costs incurred... more
Finite Math Help

02/12/15

Finding break-even quantity and break-even revenue in terms of constants given

Suppose the cost function associated with a product is C(x) = cx + F dollars and the revenue function is R(x) = sx, where c denotes the unit cost of production, s the unit selling price, F the... more

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