1. Demand and Revenue Suppose that the quantity q of a certain brand of mountain bike sold...
Question:
2. Demand and Revenue Suppose that the number n of singleuse cameras sold each month varies with the price, according to the equation n = 2200 - 25p. What is the monthly revenue if the price of each camera is $8?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 60% (5 reviews)
1 q 800 4 150 200 bikes ...View the full answer
Answered By
Anurag Agrawal
I am a highly enthusiastic person who likes to explain concepts in simplified language. Be it in my job role as a manager of 4 people or when I used to take classes for specially able kids at our university. I did this continuously for 3 years and my god, that was so fulfilling. Sometimes I've skipped my own classes just to teach these kids and help them get their fair share of opportunities, which they would have missed out on. This was the key driver for me during that time. But since I've joined my job I wasn't able to make time for my passion of teaching due to hectic schedules. But now I've made a commitment to teach for at least an hour a day.
I am highly proficient in school level math and science and reasonably good for college level. In addition to this I am especially interested in courses related to finance and economics. In quest to learn I recently gave the CFA level 1 in Dec 19, hopefully I'll clear it. Finger's crossed :)
4.80+
2+ Reviews
10+ Question Solved
Related Book For
Finite Mathematics and Its Applications
ISBN: 978-0134768632
12th edition
Authors: Larry J. Goldstein, David I. Schneider, Martha J. Siegel, Steven Hair
Question Posted:
Students also viewed these Statistics questions
-
A maker of a certain brand of low-fat cereal bars claims that their average saturated fat content is 0.5 gram. In a random sample of 8 cereal bars of this brand the saturated fat content was 0.6....
-
The lifetimes X of a certain brand of component used in a machine can be modeled as a random variable with pdf f(x) = (1/)e(x/). The reliability R(x) of the component is defined as R(x) = 1F (x)....
-
The net weight per bag of a certain brand of corn chips is listed as 10 ounces. The weight of chips actually dispensed in each bag by an automated machine, when operating to specifications, is a...
-
Rio Tinto is a listed company in the mining and metals production industry. Some information drawn from its 2020 annual report is shown below. Safety and health performance 2020 2019 2018 Fatalities...
-
Suppose you pour hot coffee for your guests, and one of them wants to drink it with cream, several minutes later, and then as warm as possible. In order to have the warmest coffee, should the person...
-
Twenty adult males between the ages of 30 and 40 were involved in a study to evaluate the effect of a specific health regimen involving diet and exercise on the blood cholesterol. Ten were randomly...
-
A chemical plant contains 3 drum dryers of nickel alloy, each containing \(540 \mathrm{ft}^{2}\). 40 kettle reboilers with a carbon-steel shell and copper tubes at \(1,450 \mathrm{psia}\), each...
-
Three fixed-bed adsorbers containing 10,000 lb of granules of activated carbon (b = 30 lb/ft3) each are to be used to treat 250gpm of water containing 4.6 mg/L of 1, 2-dichloroethane (D) to reduce...
-
How would you respond to the following? (include questions for each response) Statement 1: Hi Destinee. Good work here, and thank you for your contributions to this thread. In hospitality,...
-
What is the value of CP's revised offer on December 8 (before CP "sweetened" its offer by adding the CVR security)? In your analysis, assume the following: a) A valuation date of December 31, 2015,...
-
A company produces a single product for which variable costs are $100 per unit and annual fixed costs are $1,000,000. If the product sells for $130 per unit, how many units must the company produce...
-
During 2015, a manufacturer produced 50,000 items that sold for $100 each. The manufacturer had fixed costs of $600,000 and made a profit before income taxes of $400,000. In 2016, rent and insurance...
-
A client inquires about the significance of distribute-able net income (DNI). Explain.
-
Supply chain management is the management of activities from all organizations involved in producing and delivering a good or service. Describe the supply chain that delivers education at your...
-
Discuss when it would be appropriate to use the following sales promotional techniques: coupons, rebates, frequent-user incentives, free samples, and cents-off deals.
-
Describe mobile marketing. Why is it such a growing promotional trend? Describe a mobile marketing technique that has made you notice a product. Why did it work (or not work)?
-
Consider the tactics pharmaceutical companies use in print and television ads. When or where are the side effects mentioned? Do the ads help raise the awareness of certain illnesses and treatments,...
-
Bill Wertz runs a transportation service that caters exclusively to the residents of retirement communities. Bills business is taking advantage of which of the following marketing environments? a....
-
In 2016, the Margate Corporation acquired an automobile with a cost of $30,000 for use in its business. Shortly thereafter, Margate Corporation experienced a decline in sales. Several employees were...
-
One hundred pounds of water at atmospheric pressure are heated from 60F to 200F. What is the enthalpy change? The internal energy change? Why is the difference between the internal energy change and...
-
Determine the optimal pure strategies for the payoff matrix of the game. If the game is strictly determined, give its value. -4-2 2-3 10
-
Gabriella is looking to take out a loan at 5.6% interest compounded semiannually for her greenhouse and flower business. If she can make a $1400 payment at the end of each half-year, how much can she...
-
Anne takes out a $343.36 loan at 6.4% annual interest. She pays off $100 at the end of each year for 4 years. Compute the balance on the loan immediately after she makes the first payment. Compute...
-
Can we justify the acquisition of Peloton Interactive Inc using NPV assuming the initial investment is 10% of the total market value of the company, 5% constant growth rate for the next three years...
-
Rivan Co. is considering a new three-year expansion project that requires an initial fixed asset investment of $2.18 million in a large building. The fixed asset applies three year MACRS for tax...
-
Mary would like to save $10,000 at the end of 5 years for a future down payment on a car. How much should she deposit at the end of each month in a savings account that pays 1.2%/a, compounded...
Study smarter with the SolutionInn App