A firms profit from selling a particular item is given by the profit function p(x)=41.67x-106. If this same firm has a total cost function given by TC(x)=18.71x+106, then what is the selling price...
A firms profit from selling a particular item is given by the profit function p(x)=41.67x-106. If this same firm has a total cost function given by TC(x)=18.71x+106, then what is the selling price...
A company has a profit function given by: Profit = (22.85 - c)x - 11585, where x represents the number of units being sold and c is the cost of producing the good. The company breaks...
Happy Planet drinks price change as the quantity sold changes. In particular p=10-0.057x. The total cost to produce the drinks are $8 per drink. Their production factory costs $1662 per month. What...
Happy Planet drinks price change as the quantity sold changes. In particular p=19-0.005x. The total cost to produce the drinks are $5 per drink. Their production factory costs $1903 per month. What...
If a firms total revenue and total cost functions are given respectively by TR(x)=39x and TC(x)=25x+164, then find the profit generated by selling 276 units. Give your answer correct to 2 decimal...
A new lawnmower cost $350, less 30%, 20%, and 10%, and sells to allow for overhead expenses of 30% of the selling price and a profit of 20% of the selling price. During a sale, the lawnmower is marked...
If a painting at Arts R Us is marked up from $43.00 to $75.00, what is the rate of markup?
Find the rate of markup on selling price (the gross profit margin) if the selling price is $47.91, the unit cost is $24.98. Give your answer as a percentage rounded to 2 decimal places.
Bill owns the only business in the nearby region to sell widgets. He has determined that his profit per quarter is determined by the number of widgets sold, x, according to the function prof...
A local movie theatre has introduced a deal on popcorn every Tuesday. The theatre has also recently switched to a cheaper fountain drink syrup. How do these changes impact the equilibrium...
How would the equilibrium price and quantity for TV dinners change if the average annual income in Canada increases? Explain your answer using a graph.
How would the equilibrium price and quantity for laptops change if there is a sudden shortage in computer processors? Explain your answer using a graph.
If the playoff season is around the corner, how would the equilibrium price and quantity for cable TV receivers change? Explain your answer using a graph.
You decide to go to a trip to Italy. The current exchange rate is 1 Euro = 1.4 CAD. Your bank offers you two ways to pay. You can either pay a flat fee of $17.21 CAD at the ATM or pay a 3.19% charge...
Find a and b 3:a:5=8:4:b a:b:4=6:3:2
You decide to go to a trip to Italy. The current exchange rate is 1 Euro = 1.4 CAD. Your bank offers you two ways to pay. You can either pay a flat fee of $17.21 CAD at the ATM or pay a 3.19% charge...
Simplify to lowest terms xX(2x-2) X (3xy-y^2) Note: Capital X's mean multiplication lower case represents the letter x.
Simplify the following expression (x/4)^2 (x/4)^-3 (x/4)^4
The price and quantity of ladders sold at a particular store are given by the linear equation: P = 469.7 - 5.28Q. If the price (P) of the good is $85, what is the quantity (Q)? Round...
Factor 54x^6y-2y