A store manager has determined that the monthly profit y realized from selling a particular brand of
Question:
y = 12x - 75
where x denotes the number of these batteries sold in a month.
(a) If 41 batteries were sold in a month, what was the profit?
(b) At least how many batteries must be sold in a month in order to make a profit?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (15 reviews)
a If x 41 then y 1241 75 417 b We must det...View the full answer
Answered By
Abigael martinez
I have been a tutor for over 3 years and have had the opportunity to work with students of all ages and backgrounds. I have a strong belief that all students have the ability to learn and succeed if given the right tools and support. I am patient and adaptable, and I take the time to get to know each student's individual learning style in order to best support their needs. I am confident in my ability to help students improve their grades and reach their academic goals.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Statistics Principles And Methods
ISBN: 9780470904114
7th Edition
Authors: Richard A. Johnson, Gouri K. Bhattacharyya
Question Posted:
Students also viewed these Statistics questions
-
A financial manager has determined that the appropriate discount rate for a foreign project is 12 percent. However, that discount rate applies in the United States using dollars. What discount rate...
-
A financial manager has determined that the appropriate discount rate for a foreign project is 16 percent. However, that discount rate applies in the United States using dollars. What discount rate...
-
The Wilson Company's marketing manager has determined that the price elasticity of demand for its product equals - 2.2. According to studies she carried out, the relationship between the amount spent...
-
Prepare budgetary and proprietary journal entries to record the following year- end adjustments: 1. An accrual of $ 60,000 was made for salaries earned the last week of September, to be paid in...
-
In 2013, the internal auditors of Development Technologies, Inc., discovered that (a) 2012 accrued wages of $2 million were not recognized until they were paid in 2013 and (b) A $3 million purchase...
-
Consider the multiple linear regression model for the rental price data in Problem 3.42. Problem 3.42 Table B.24 contains data on median family home rental price and other data for 51 US cities. Fit...
-
Use the expressions on page 367, involving the deviations from the mean, to calculate \(r\) for the following data: x Y 8278 69 128 10
-
A job cost sheet of Fenter Company is given below. Instructions(a) Answer the following questions.(1) What are the source documents for direct materials, direct labor, and manufacturing overhead...
-
A 4 metre long beam has a 60 kilogram weight on one end and a 75 kilogram weight on the other end. Calculate the centre of gravity. FORMULA / DATA SHEET (All symbols have...
-
? For 2015, complete Aspen Ridge limited partnership's page 1 of Form 1065: complete Schedule K on page 4 of Form 1065; complete lines 1 and 2 of the Analysis of Net Income (Loss) at the top of page...
-
To extend known results on the social hierarchy of monkeys, researchers3 scanned n = 14 healthy persons using positron emission tomography to image dopamine type 2/3 in the brain. The social status...
-
The data on female wolves in Table D.9 of the Data Bank concerning body weight (lb) and body length (cm) are (a) Obtain the least squares fit of body weight to the predictor body length. (b)...
-
In this problem, you will solve for the total energy eigenfunctions and eigenvalues for an electron in a finite depth box. We first go through the calculation for the box parameters used in Figure...
-
Your company accrued $20,000 of salary expense at the end of Year 1, then paid $30,000 of salaries early in Year 2. How much salary expense applies to Years 1 and 2, respectively? Show your...
-
XYZ Law Firm provided services for a client for $5,000 cash and provided service for another client for $10,000 that will pay for the services in a later time period. How much revenue should be...
-
The Island Tourist Company, Inc. just paid a dividend of $2.25 per share, and that dividend is expected to grow at a constant rate of 3.50% per year in the future. The company's required rate of...
-
An auditor conducts substantive testing on an account balance which is split into three strata. The projected errors from each stratum are $1,017, $(612), and $2,222. What is the total projected...
-
Betty earns $20 per hour. She works 40 hours per week. She gets paid bi-weekly. How much money should Betty get paid per year before any required deductions? Show your calculations.
-
The Athletic Coping Skills Inventory (ACSI) is a test to measure psychological skills believed to influence athletic performance. Researchers E. Estanol et al. studied the relationship between ACSI...
-
Determine the annual percentage yield for a loan that charges a monthly interest rate of 1.5% and compounds the interest monthly.
-
Michael Norton (of Harvard) and Dan Ariely (of Duke) did a survey reported in Harvard Magazine (Nov-Dec 2011). They asked respondents to estimate how much of the wealth is held by each quintile...
-
The graph shows the education of residents of Nyeland Acres and Oxnard, both of which are towns in Ventura County in California. a. Which community tends to have more highly educated residents?...
-
The 2012 General Social Survey (GSS) asked its respondents to report their political party affiliation. The graphs show the results for 1081 women. a. Which political affiliation has the most women?...
-
Using the car mileage data from Lab 1, define the following sets: A = {x|x> 125,000), B = {xx < 175,000) and C = {xlx <50,000). Demonstrate the following set equivalencies (DeMorgan's Law) using R...
-
6. Write out the truth tables for: a) a 3 input and gate b) an exclusive or gate c) a two input inclusive or gate 3 7. Describe the microprocessor instruction you would use to: 8. a) set bit 4 of a...
-
Alex Corporation reports the following components of stockholders' equity at December 31 of the prior year. Common stock-$25 par value, 50,000 shares authorized, 33,000 shares issued and outstanding...
Study smarter with the SolutionInn App