g A gift shop sells 40 wind chimes per month at $110 each. The owners estimate that for each $11 increase in price, they will sell 2 fewer wind chimes per month. Find the price per wind chime that will maximize revenue.

Answers

Answer 1

Answer:

The price that maximizes the revenue is $165

Step-by-step explanation:

We can model the price as a function of sold units as a linear relationship.

Remember that a linear relationship is something like:

y = a*x + b

where a is the slope and b is the y-intercept.

We know that if the line passes through the points (x₁, y₁) and (x₂, y₂), then the slope can be written as:

a = (y₂ - y₁)/(x₂ - x₁)

For this line, we have the point (40, $110)

which means that to sell 40 units, the price must be $110

And we know that if the price increases by $11, then he will sell 2 units less.

Then we also have the point (38, $121)

So we know that our line passes through the points (40, $110) and  (38, $121)

Then the slope of the line is:

a = ($121 - $110)/(38 - 40) = $11/-2 = -$5.5

Then the equation of the line is:

p(x) = -$5.5*x + b

to find the value of b, we can use the point (40, $110)

This means that when x = 40, the price is $110

then:

p(40) = $110 = -$5.5*40 + b

            $110 = -$220 + b

       $110 + $220 = b

        $330 = b

Then the price equation is:

p(x) = -$5.5*x + $330

Now we want to find the maximum revenue.

The revenue for selling x items, each at the price p(x), is:

revenue = x*p(x)

replacing the p(x) by the equation we get:

revenue = x*(-$5.5*x + $330)

revenue = -$5.5*x^2 + $330*x

Now we want to find the x-value for the maximum revenue.

You can see that the revenue equation is a quadratic equation with a negative leading coefficient. This means that the maximum is at the vertex.

And remember that for a quadratic equation like:

y = a*x^2 + b*x + c

the x-value of the vertex is:

x = -b/2a

Then for our equation:

revenue = -$5.5*x^2 + $330*x

the x-vale of the vertex will be:

x = -$330/(2*-$5.5) = 30

x = 30

This means that the revenue is maximized when we sell 30 units.

And the price is p(x) evaluated in x = 30

p(30) = -$5.5*30 + $330 = $165

The price that maximizes the revenue is $165


Related Questions

What are the solutions to the quadratic equation x^2-16=0

Answers

Answer:

x = ±4

Step-by-step explanation:

Hi there!

[tex]x^2-16=0[/tex]

Move 16 to the other side

[tex]x^2=16[/tex]

Take the square root of both sides

[tex]\sqrt{x^2}=\sqrt{16}\\x=\pm4[/tex]

I hope this helps!

When taking a measurement with a pH meter, keep the instrument in the Choose... until it is needed. Rinse the pH meter with Choose... and gently pat dry. Place the meter in the sample solution, and record the measurement when the

Answers

Answer:

Storage solution;  deionized water; stabilizes

Step-by-step explanation:

A pH scale measures the concentration of hydrogen ions in acidic and alkaline solutions.

In chemistry, pH literally means the power of hydrogen ions and it is a measure of the molar concentration of hydrogen ions in a particular solution; thus, specifying the acidity, neutrality or basicity of any chemical solution.

Mathematically, the pH of a solution is given by the formula;

[tex] pH = -log_{10}(H^{+}) [/tex]

On a pH scale, a solution with a pH of 7 is neutral, a solution with a pH below 7 is acidic and it's basic (alkaline) when it's pH is above 7.

A pH meter can be defined as a scientific instrument or device designed and developed for the measurement of the hydrogen-ion concentration in water-based solutions, in order to determine their level of acidity or alkanility.

As a general rule, when using a pH meter to take a measurement, you should keep it in a storage solution until it is needed. Also, a deionized water should be used to rinse the pH meter and gently pat dry.

Furthermore, the pH meter should be placed in a given sample solution and a reading of the measurement taken when the pH of the solution stabilizes

When taking a measurement with a pH meter, keep the instrument in the storage solution until it is needed. Rinse the pH meter with distilled water and gently pat dry.

The pH meter has been the instrument used for the measurement of the hydrogen ion concentration in a sample. The instrument has consisted of a probe that has been placed in the storage medium when it is not in use.

The working procedure of the pH meter has required the washing of pH meter with the distilled water and properly removing the excess water from the probe by pat dry.

The probe has been immersed in the sample and the pH has been recorded. After the experiment, the instrument has been again washed with the distilled water and get stored in the storage solution.

For more information about pH meter, refer to the link:

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I need help with both questions.

Answers

Answer:

y = 17x

$595

Step-by-step explanation:

[tex]\frac{y_{2} -y_{1} }{x_{2} -x_{1} }[/tex] = [tex]\frac{85 - 51}{5 - 3}[/tex] = [tex]\frac{34}{2}[/tex] = 17  (find the slope, gradient or rate of change)

The y intercept is 0. Zero hours = 0 charge.

y = 17(35)

y = 595

On a piece of paper, graph y = 4x - 2. Then determine which answer matches the graph you drew.​

Answers

Answer:

it's A

Step-by-step explanation:

start at 2 on the y axis and go up 4 and right 1

An election ballot asks voters to select two city commissioners from a group of six candidates. In how many ways can this be done?

Answers

Answer:

15 ways

Step-by-step explanation:

There are 6 choices available for the first seat

There are 5 remaining choices for the second seat.

6(5) = 30 possible combinations

however, as the two seats are of equal power, the combination of AB is equal the the combination of BA etc, This eliminates half of the options.

please hello :(
The Venn diagram below shows the type of crops planted by 50 farmers in a particular area.
If a farmer is chosen at random, what is the probability that the farmer planted corn OR lettuce?

Answers

Answer:

D ( It may be because I think other two are non relative )

Answer:

b) 1\2

Step-by-step explanation:

Point J is the midpoint of the line segment KI Find the length of JI.

Answers

Answer:

I belive i is 5

Step-by-step explanation:

yannie read 24 pages of a book. one fourth of the book is unread.how many pages are there?

Answers

Answer:

32

Step-by-step explanation:

24/3=8, 24+8=32

that's how I think of it

A 3000-lb wrecking ball hangs from a 50-ft cable of density 5 lb/ft attached to a crane. Calculate the work done if the crane lifts the ball from ground level to 50 ft in the air by drawing in the cable.

Answers

Answer:  227,130 J (or 227 kJ).

How?:

When the force is in the same direction than the displacement, we can express the work of this force as: W = F x h

The force is equal to the total weight of the wrecking ball and the cable. The wrecking ball has a mass of 3000 lb. For the cable, we have to calculate the mass as:

Mc = l x p= 50ft x 7lb/ft= 350lb

The total mass is 3,350 lb.

The magnitude of the force is equal to the weight:

F= mg= 3,350lbf

The work done by this force is:

W=F x h= 3,350lbf x 50ft = 167,500lbf - ft

W= 167,500lbf - ft x 1.356J/1lbf - ft = 227,130 J (or 227 kJ).

Module 8: Directions: Respond to this question to demonstrate your understanding of the topic/content. Be sure to provide adequate and relevant details learned in the module to support your response. Pay close attention to organizing your response so it makes sense and uses correct grammar. Your response should be at least 5-7 sentences at a minimum.



Question: Describe how to eliminate the parameter to change from parametric to rectangular form. How does this ability help us with graphing parametric equations?

Answers

Answer:

rectangular equation, or an equation in rectangular form is an equation composed of variables like xx and yy which can be graphed on a regular Cartesian plane. For example y=4x+3y=4x+3 is a rectangular equation.

A curve in the plane is said to be parameterized if the set of coordinates on the curve, (x,y)(x,y) , are represented as functions of a variable tt .

x=f(t)y=g(t)x=f(t)y=g(t)

These equations may or may not be graphed on Cartesian plane.

Step-by-step explanation:

I hope this helps

whats the common difference of p+q, p , p-q

Answers

Answer:

- q

Step-by-step explanation:

p - ( p + q )

= p - p - q

= - q

p - q - p

= p - p - q

= - q

Common difference is - q.

In 1995 the U.S. federal government debt totaled 5 trillion dollars. In 2008 the total debt reached 10 trillion dollars. Which of the following statements about the doubling time of the U.S. federal debt is true based on this information?

Answers

Where are the statements?

The scores for a particular examination are normally distributed with a mean of 68.5% and a standard deviation of 8.2%. What is the probability that a student who wrote the examination had a mark between 80% and 100%? Give your answer to the nearest hundredth.

Answers

Answer:

[tex]P(80/100<x<100/100)=0.08[/tex]

Step-by-step explanation:

We are given that

Mean,[tex]\mu=68.5[/tex]%=68.5/100

Standard deviation, [tex]\sigma=8.2[/tex]%=8.2/100

We have to find the probability that a student who wrote the examination had a mark between 80% and 100%.

[tex]P(80/100<x<100/100)=P(\frac{80/100-68.5/100}{8.2/100}<\frac{x-\mu}{\sigma}<\frac{100/100-68.5/100}{8.2/100})[/tex]

[tex]P(80/100<x<100/100)=P(1.40<Z<3.84)[/tex]

We know that

[tex]P(a<Z<b)=P(Z<b)-P(Z<a)[/tex]

Using the formula

[tex]P(80/100<x<100/100)=P(Z<3.84)-P(Z<1.40)[/tex]

[tex]P(80/100<x<100/100)=0.99994-0.91924[/tex]

[tex]P(80/100<x<100/100)=0.0807\approx 0.08[/tex]

WILL GIVE BRAINLIEST!!!!!!! A boy had 20 cents. He bought x pencils for 3 cents each. If y equals the number of pennies left, write an equation showing the dependence of y on x. What is the domain of the function?

Answers

Answer:

[tex]\displaystyle \text{Function: }{y=20-3x,\\\text{Domain: }(-\infty, \infty)\text{ or }\mathbb{R}[/tex]

Step-by-step explanation:

If the boy initially had 20 cents, then the total number of cents he will have left after purchasing [tex]x[/tex] pencils is equal to the total cost of the pencils subtracted from 20. The total cost of [tex]x[/tex] pencils, in cents, is equal to [tex]3x[/tex], since each pencil is 3 cents.

Therefore, the total amount, in cents, that the boy has left, [tex]y[/tex], is equal to [tex]20-3x[/tex]:

[tex]\displaystyle \text{Equation: }\boxed{y=20-3x}[/tex]

The domain of this function is [tex](-\infty, \infty)[/tex] or all real numbers [tex]\mathbb{R}[/tex].

Given that f(x)=x^2 and g(x)=5x+2 ​, find (f-g)(2)​, if it exists.

Answers

Answer:

(f - g)(2) = -8

General Formulas and Concepts:

Pre-Algebra

Distributive Property

Algebra I

Terms/CoefficientsFunctionsFunction Notation

Step-by-step explanation:

Step 1: Define

Identify

f(x) = x²

g(x) = 5x + 2

Step 2: Find

Substitute in functions:                                                                                     (f - g)(x) = x² - (5x + 2)[Distributive Property] Distribute negative:                                                    (f - g)(x) = x² - 5x - 2Substitute in x [Function (f - g)(x)]:                                                                   (f - g)(2) = 2² - 5(2) - 2Evaluate:                                                                                                          (f - g)(2) = -8

GEOMETRY HELPPP PLEASEEE

Answers

Answer:

Step-by-step explanation:

What’s the question-?

What is cube root 16y^4/x^6
in simplest form?

Answers

Cube root of the given expression [tex]\frac{16y^{4} }{x^{6} }[/tex] in simplest form is equals to [tex]\frac{2y }{x^{2} }\sqrt[3]{2y}[/tex].

What is cube root?

" Cube root is defined as the number when multiply three times and produce result as one original number one time."

According to the question,

Given expression,

[tex]\frac{16y^{4} }{x^{6} }[/tex]

Cube root of the given expression is,

[tex]\sqrt[3]{\frac{16y^{4} }{x^{6} }} \\\\\implies \sqrt[3]{\frac{(2)^{3}(2) y^{3} (y)}{(x^{2}) ^{3} }}\\\\\implies \frac{2y}{x^{2} } \sqrt[3]{2y}[/tex]

Hence, cube root of the given expression [tex]\frac{16y^{4} }{x^{6} }[/tex] in simplest form is equals to [tex]\frac{2y }{x^{2} }\sqrt[3]{2y}[/tex].

Learn more about cube root here

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Answer:

B on edge

trust me bro

What is the reason for each step in the solution of the equation?
-5(x - 6) = 10x
Drag and drop the reasons into the boxes to correctly complete the table.
–5(x – 6) = 10x
Given
-5x + 30 = 10x
30 = 15x
2 = x
Division Property of Equality
Commutative Property
Addition Property of Equality
Given
Distributive Property

Answers

Answer:

Distributive property (-5 is being multiplied to x and - 6)

Addition property of equality (5x is being added in both side of the equation)

Division property of equality (15 is being devided in both side of the equation)

Brainliest please~

The reason for each step will be

Distributive property (-5 is being multiplied to x and - 6)

Addition property of equality (5x is being added in both sides of the equation)

Division property of equality (15 is being divided into both sides of the equation)

What are algebraic properties?

We can solve mathematical equations thanks to algebra's inherent characteristics. The algebraic properties are distributive property, addition property of equality, and division property of equality.

Given expressions are:-

-5x + 30 = 10x

30 = 15x

2 = x

-5x + 30 = 10x ⇒ Distributive property (-5 is being multiplied to x and - 6)

30 = 15x ⇒ Addition property of equality (5x is being added in both sides of the equation)

30 = 15x ⇒ Division property of equality (15 is being divided into both sides of the equation)

To know more about algebraic properties follow

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Please help, I will give brainliest if you answer.
An angle measures 78.6° more than the measure of its supplementary angle. What is the measure of each angle?

Answers

Answer:

so required angles are 50.7°and 129.3°

Step-by-step explanation:

Let the angle be x

another angle = x + 78.6°

so,

x + x + 78.6° = 180° {being sum of supplementary angle}

so, 2x + 78.6° = 180°

or, 2x = 180° - 78.6°

or, x = 101.4/2

so, x = 50.7°

so another angle = x + 78.6°

= 50.7° + 78.6°

= 129.3°

Needs 20 characters even though the picture says it all.

Answers

It is b I seen it on the test yesterday on Plato

Write an expression representing the unknown quantity.

There are 5,682,953 fewer men than women on a particular social media site. If x represents the number of women using that site, write an expression for the number of men using that site.

The expression for the number of men is
.

Answers

9514 1404 393

Answer:

  x - 5,682,953

Step-by-step explanation:

If x is the number of women, and the number of men is 5,682,953 less, then the number of men is x -5,682,953

What is the x- intercept y =2x^2-8x+6?

Answers

Answer:

see your answer in the image

with full detail

mark me brainlist

Step-by-step explanation:

Answer:

(3,0) , (1.0)

Step-by-step explanation:

Which of the following is true about congruent figures?

Answers

They're the same shape and the same size. They're the same size, but not the same shape.

An object is dropped from 24 feet below the tip of the pinnacle atop a 1468-ft tall building. The height h of the object after t seconds is given by the equatior h= - 16t2 + 1444. Find how many seconds pass before the object reaches the ground. seconds pass before the object reaches the ground. (Type an integer or a decimal.)​

Answers

Answer:

9.5 seconds pass before the object reaches the ground.

Step-by-step explanation:

Height of the ball:

The height of the ball after t seconds is given by the following equation:

[tex]h(t) = -16t^2 + 1444[/tex]

Find how many seconds pass before the object reaches the ground.

This is t for which h(t) = 0. So

[tex]h(t) = -16t^2 + 1444[/tex]

[tex]-16t^2 + 1444 = 0[/tex]

[tex]16t^2 = 1444[/tex]

[tex]t^2 = \frac{1444}{16}[/tex]

[tex]t^2 = 90.25[/tex]

[tex]t = \pm \sqrt{90.25}[/tex]

Since it is time, we only take the positive value.

[tex]t = 9.5[/tex]

9.5 seconds pass before the object reaches the ground.

3x-2=2(x-5)

find the value of x ​

Answers

Now we have to,

find the required value of x.

Let's begin,

→ 3x-2 = 2(x-5)

→ 3x-2 = 2x-10

→ 3x-2x = -10+2

→ x = -8

Hence, value of x is -8.

Answer:

x = -8

Step-by-step explanation:

3x - 2 = 2 ( x + 5

Solve for x.

Let's solve,

3x - 2 = 2 ( x + 5 )

Step 1:- Distribute 2.

3x - 2 = 2 × x + 2 × 5

3x - 2 = 2x - 10

Step 2 :- Move constant to the right-hand and change their sign.

3x = 2x - 10 + 2

Step 3:- Add -10 and 2.

3x = 2x - 8

Step 4 :- Move variable to the left-hand side and change their sign.

3x - 2x = -8

Step 5 :- Subtract 2x from 2x.

x = -8

Hence, value of x = -8.

Daphne has a rope that is 60 meters long. She wants to use it to mark the boundary of a circle whose radius is an integer. What's the largest possible radius for her circle, in meters?

Answers

9514 1404 393

Answer:

  9 m

Step-by-step explanation:

The relationship between radius and circumference is ...

  C = 2πr

Daphne wants r an integer such that ...

  60 m ≥ 2πr

  r ≤ (60 m)/(2π)

  r ≤ (30/π) m ≈ 9.549 m

The largest integer radius Daphne can use is 9 meters.

The annual membership fee at a local club is $100. After each year of membership, the fee is lowered by $8 a year. The
arithmetic sequence {100, 92, 84,...) models this situation.
Write an explicit function that describes the fee at the club after n years of membership. Then rewrite your function in the
slope-intercept form.

Answers

Answer:

y = 100 - 8(n - 1)

Step-by-step explanation:

I. if n = 1 or 1st year = 100 - 8(1-1) is 100

  if n = 2 or 2nd year = 100 - 8(2-1) is 92

  if n = 3 or 3rd year = 100 -8(3-1) is 84

Hope it'll help.

find the equation of a line perpendicular to 4x-y=4 that contains the points (0,3)​

Answers

9514 1404 393

Answer:

  x + 4y = 12

Step-by-step explanation:

The perpendicular line can be found by swapping the x- and y-coefficients and negating one of them. Then those new coefficients can be used with the coordinates of the given point to find the required constant.

  line: 4x -y = 4

  perpendicular line: x +4y = constant

Through (0, 3):

  0 +4(3) = constant = 12

The perpendicular line has standard form equation x +4y = 12.

Answer:

Step-by-step explanation:

y=-1/4x+3

Eric wrote the number 57,378. How many
times greater is the value of the 7 in the thousands
place than in the tens place?

Answers

It is one hundred times greater, 7000= 70 x 100

I need Help!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Answers

9514 1404 393

Answer:

150.72 cm³314 cm³160 cm³48 cm³

Step-by-step explanation:

Put the given numbers in the relevant formula and do the arithmetic.

right cylinder

   V = πr²h = 3.14(4 cm)²(3 cm) = 3.14×48 cm³ = 150.72 cm³

cone

  V = 1/3πr²h = 1/3(3.14)(5 cm)²(12 cm) = 3.14×100 cm³ = 314 cm³

pyramid of unknown shape

  V = 1/3Bh = 1/3(16 cm²)(30 cm) = 160 cm³

square pyramid

  V = 1/3s²h = 1/3(3 cm)²(16 cm) = 48 cm³

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