Business, 26.09.2019 22:10 umimgoingtofail
Unit test test review profit is the difference between revenue and cost. the revenue, in dollars, of a company that makes skateboards can be modeled by the polynomial 2x3 + 30x โ 130. the cost, in dollars, of producing the skateboards can be modeled by 2x3 โ 3x โ 520. the variable x represents the number of skateboards sold. what expression represents the profit?
a. 27x โ 650
b. 27x + 390
c. 33x โ 650
d. 33x + 390
Answers: 2
Business, 22.06.2019 09:00
Almost 80% of business owners are clueless about the competition, resulting in a) lost market share and customers. b) needless lawsuits. c) uninspired products. d) lack of perseverance
Answers: 2
Business, 23.06.2019 01:00
The monthly demand equation for an electric utility company is estimated to be p equals 60 minus left parenthesis 10 superscript negative 5 baseline right parenthesis x, where p is measured in dollars and x is measured in thousands of killowatt-hours. the utility has fixed costs of $3 comma 000 comma 000 per month and variable costs of $32 per 1000 kilowatt-hours of electricity generated, so the cost function is upper c left parenthesis x right parenthesis equals 3 times 10 superscript 6 baseline plus 32 x. (a) find the value of x and the corresponding price for 1000 kilowatt-hours that maximize the utility's profit. (b) suppose that the rising fuel costs increase the utility's variable costs from $32 to $38, so its new cost function is upper c 1 left parenthesis x right parenthesis equals 3 times 10 superscript 6 baseline plus 38 x. should the utility pass all this increase of $6 per thousand kilowatt-hours on to the consumers?
Answers: 2
Business, 23.06.2019 14:00
Explain the law of diminishing marginal utility as the basis for the slope of the travellers demand curve
Answers: 2
Unit test test review profit is the difference between revenue and cost. the revenue, in dollars, of...
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