Suppose that the manufacturer of a gas clothes dryer has found that, when the unit price is p dollars, the revenue R (in dollars) is R(P) = - 8p^2 + 24,000p. What unit
price should be established for the dryer to maximize revenue? What is the maximum revenue?
The unit price that should be established to maximize revenue is $|
(Simplify your answer.)

Answers

Answer 1

Here we have a problem of maximization and quadratic equations.

The unit prize that maximizes the revenue is $1,500, and the maximum revenue is $18,000.

We know that the revenue equation is:

R(P) = - 8p^2 + 24,000p

Where the variable p is the price.

Now we want to find the value of p that maximizes the revenue.

To do it, we can see that the revenue equation is a quadratic equation with a negative leading coefficient.

This means that the arms of the graph will go downwards, then the maximum point of the graph will be at the vertex.

Remember that for an equation like:

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

The x-value of the vertex is at:

x = -b/(2*a)

Then for the equation:

R(P) = - 8p^2 + 24,000p

The vertex is at:

p = -(24,000)/(2*-8) = 1,500

The value of p that maximizes the revenue is p = $1,500

To get the maximum revenue, we need to evaluate the revenue equation in that p value.

R(1,500) =  - 8*(1,500)^2 + 24,000*1,500 = 18,000

And the revenue equation is in dollars, then the maximum revenue is 18,000 dollars.

If you want to learn more, you can read:

https://brainly.com/question/18269297

Answer 2

p = 1500  $    the unit price

R(p) = 18000000 $ maximum revenue

We will use two different procedures to calculate the maximum revenue.

That is equivalent to solve the problem and after that to test the solution

The first one is:

R(p) = - 8*p² + 24000*p

we realize that R(p) is a quadratic function ( a parabola) of the form:

y = a*x² + b*x + c    ( c = 0 in this case)

We also know that  as the coefficient of p² is negative the parabola opens downwards then the vertex is a maximum value for R(p), and the x coordinate of p is:

x = p =  - b/2*a   then by substitution

p = - ( 24000)/ 2 ( - 8)

p = 1500  $   and for that value of p

R(p) = - 8 ( 1500)² + 24000* (1500)  = - 18000000 + 36000000

R(p) = 18000000 $

The second procedure is solving with the help of derivatives.

R(p) =  - 8*p² + 24000*p

Tacking derivatives on both sides of the equation we get:

R´(p) = -16p  +  24000

If R´(p) = 0    then    -16p  +  24000 = 0

p = 24000/ 16         p  =  1500

if we check for the second derivative

R´´(p) = -16          -16 < 0  therefore there is a maximum value for R(p) when p = 1500, and that value is:

By substitution in R(p)

R(p) = -8 *(1500)² + 24000* 1500

R(p) =  - 18000000 + 36000000

R(p) = 18000000 $


Related Questions

One of the problems encountered by corporations in America is finding an adequate number of employees who want to move into management. Recent surveys of workers in America taken by the Department of Labor in Washington D. C. revealed that only 20% of employees would like to move into management and be the boss. Suppose that a random sample of 75 U.S. workers was taken and each person was asked whether or not they would like to move into management. Find the probability that at least 18 of the 75 sampled employees would like to move into management.

Answers

Answer:

0.2358 = 23.58% probability that at least 18 of the 75 sampled employees would like to move into management.

Step-by-step explanation:

Binomial probability distribution

Probability of exactly x successes on n repeated trials, with p probability.

Can be approximated to a normal distribution, using the expected value and the standard deviation.

The expected value of the binomial distribution is:

[tex]E(X) = np[/tex]

The standard deviation of the binomial distribution is:

[tex]\sqrt{V(X)} = \sqrt{np(1-p)}[/tex]

Normal probability distribution

Problems of normally distributed distributions can be solved using the z-score formula.

In a set with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex], the zscore of a measure X is given by:

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the pvalue, we get the probability that the value of the measure is greater than X.

When we are approximating a binomial distribution to a normal one, we have that [tex]\mu = E(X)[/tex], [tex]\sigma = \sqrt{V(X)}[/tex].

20% of employees would like to move into management and be the boss.

This means that [tex]p  = 0.2[/tex]

Sample of 75:

This means that [tex]n = 75[/tex]

Mean and standard deviation:

[tex]\mu = E(X) = np = 75(0.2) = 15[/tex]

[tex]\sigma = \sqrt{V(X)} = \sqrt{np(1-p)} = \sqrt{75*0.2*0.8} = 3.4641[/tex]

Find the probability that at least 18 of the 75 sampled employees would like to move into management.

Using continuity correction, this is [tex]P(X \geq 18 - 0.5) = P(X \geq 17.5)[/tex], which is 1 subtracted by the p-value of X = 17.5. So

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

[tex]Z = \frac{17.5 - 15}{3.4641}[/tex]

[tex]Z = 0.72[/tex]

[tex]Z = 0.72[/tex] has a p-value of 0.7642.

1 - 0.7642 = 0.2358

0.2358 = 23.58% probability that at least 18 of the 75 sampled employees would like to move into management.

Pls help with this question. No links.

Answers

Answer:

i hope it's helpful for you

Determine the probability of landing on tails at most 33 times if you flip a fair coin 80 times. Round your answer to the nearest tenth.

Answers

Answer:

0.0728177272

Step-by-step explanation:

Given :

Number of flips = 80

Probability of landing on tail at most 33 times ;

Probability of landing on tail on any given flip = 1 / 2 = 0.5

This a binomial probability problem:

Hence ;

P(x ≤ 33) = p(x=0) + p(x=1) +... + p(x = 33)

Using a binomial probability calculator :

P(x ≤ 33) = 0.0728177272

Consider the phrase "the sum of 3 times a number and the quotient of the number and 4." Let’s break it down. You want the sum of two values. The first value is 3 times a number. What expression represents 3 times a number?

Answers

9514 1404 393

Answer:

  3x

Step-by-step explanation:

If x represents the number, then "3 times a number" is 3x.

__

Additional comment

"The quotient of the number and 4" is x/4.

The sum of those two expressions is ...

  3x + x/4

Can someone help me? I am struggling and I would be so happy if any of you helped me. Thank you for your help.

Answers

Answer:

mean=256229+253657+218747+246163+235626+288694+316265+196721+285077+215152+253291+315011+199901+265443+291806+303556+215359+258554+293658+289935÷21

=5198845÷21

=247564.0

=247564 to the next whole number

B.6 times

Simplify
x * x^5 / x^2 * x

Answers

it’s x^3, i guess hope this helps

Hari earns Rs 4300 per month. He spends 80% from his income. How much amount does he save in a year? ​

Answers

Answer:

Hari saves $ 10,320 in a year.

Step-by-step explanation:

Given that Hari earns $ 4300 per month, and he spends 80% from his income, to determine how much amount does he save in a year, the following calculation must be performed:

100 - 80 = 20

4300 x 0.20 x 12 = X

860 x 12 = X

10320 = X

Therefore, Hari saves $ 10,320 in a year.

Find the sum of the geometric series given a1=−2, r=2, and n=8.
A. -510
B. -489
C. -478
D. 2

Answers

Answer:

A. -510

Step-by-step explanation:

We are given the variable values:

a = -2r = 2n = 8

Geometric series formula:

[tex]s = \frac{a( {r}^{n} \times - 1) }{r - 1} [/tex]

Plugging in values we have:

[tex]s = \frac{ - 2( {2}^{8} - 1) }{2 - 1} [/tex]

Simplifying the equation we are left with:

[tex] \frac{ - 2(255)}{1} = - 510[/tex]

someone please help

Answers

Answer:

28

Step-by-step explanation:

78

The answer is 28. Yw !

If 4 gallons of gasoline cost $13.76, how much will 11 gallons of gasoline cost?

Answers

Answer:

x=37.84

Step-by-step explanation:

We can write a ratio to solve

4 gallons        11 gallons

--------------- = ----------------

13.76              x dollars

Using cross products

4x = 11*13.76

4x=151.36

Divide by 4

4x/4 = 151.36/4

x=37.84

Write the point-slope form of an equation of the line through the points (-2, 6) and (3,-2).

Answers

Answer:

[tex]y-6=-\frac{\displaystyle 8}{\displaystyle 5}(x+2)[/tex]

OR

[tex]y+2=-\frac{\displaystyle 8}{\displaystyle 5}(x-3)[/tex]

Step-by-step explanation:

Hi there!

Point-slope form: [tex]y-y_1=m(x-x_1)[/tex] where [tex](x_1,y_1)[/tex] is a point and [tex]m[/tex] is the slope

1) Determine the slope

[tex]m=\frac{\displaystyle y_2-y_1}{\displaystyle x_2-x_2}[/tex] where two given points are [tex](x_1,y_1)[/tex] and [tex](x_2,y_2)[/tex]

Plug in the given points (-2, 6) and (3,-2):

[tex]m=\frac{\displaystyle -2-6}{\displaystyle 3-(-2)}\\\\m=\frac{\displaystyle -8}{\displaystyle 3+2}\\\\m=-\frac{\displaystyle 8}{\displaystyle 5}[/tex]

Therefore, the slope of the line is [tex]-\frac{\displaystyle 8}{\displaystyle 5}[/tex]. Plug this into [tex]y-y_1=m(x-x_1)[/tex]:

[tex]y-y_1=-\frac{\displaystyle 8}{\displaystyle 5}(x-x_1)[/tex]

2) Plug in a point [tex](x_1,y_1)[/tex]

[tex]y-y_1=-\frac{\displaystyle 8}{\displaystyle 5}(x-x_1)[/tex]

We're given two points, (-2, 6) and (3,-2), so there are two ways we can write this equation:

[tex]y-6=-\frac{\displaystyle 8}{\displaystyle 5}(x-(-2))\\\\y-6=-\frac{\displaystyle 8}{\displaystyle 5}(x+2)[/tex]

OR

[tex]y-(-2)=-\frac{\displaystyle 8}{\displaystyle 5}(x-3)\\y+2=-\frac{\displaystyle 8}{\displaystyle 5}(x-3)[/tex]

I hope this helps!

If (-3)^-5 = 1/x, what is the value of x?

Answers

Answer:

-243

Step-by-step explanation:

(-3) (-3) (-3) (-3) (-3) = - 243

[tex]\frac{1}{-243 }[/tex]

The function f(x)=log4x is dilated to become g(x)=f(13x).
What is the effect on f(x)?

Answers

Answer:

f(x) is compressed horizontally

Step-by-step explanation:

Given

[tex]f(x) = \log(4x)[/tex]

[tex]g(x) = f(13x)[/tex]

Required

The effect on f(x)

[tex]g(x) = f(13x)[/tex] implies that f(x) is horizontally compressed by 13.

So, we have:

[tex]f(13) = \log(4 * 13x)[/tex]

[tex]f(13) = \log(52x)[/tex]

So:

[tex]g(13) = \log(52x)[/tex]

As part of a statistics project, a teacher brings a bag of marbles containing 500 white marbles and 400 red marbles. She tells the students the bag contains 900 total marbles, and asks her students to determine how many red marbles are in the bag without counting them. A student randomly draws 100 marbles from the bag. Of the 100 marbles, 45 are red. The data collection method can best be described as

Answers

Answer:

Survey

Step-by-step explanation:

During data collection for a particular study, reaching all target Population might seem illogical or impossible. Therefore, a subset of the population of interest is chosen and the outcome used to infer about the population. This procedure could be referred to a a SURVEY. In the scenario samples drawn from the population of interest is used to make inference on population. During a survey, selected data ponuts or subjects must be drawn at random in other to ensure that it is representative of the larger population data.

Two sides of a triangle have the same length. The third side measures 5 m less than twice the common length. The perimeter of the triangle is 23 m. What are the lengths of the three sides?
What is the length of the two sides that have the same length?

Answers

Answer:

Length of all 3 sides: 7, 7, and 9

Length of the two sides that have the same length: 7

Step-by-step explanation:

Let the two sides with equal lengths have a length of [tex]x[/tex]. We can write the third side as [tex]2x-5[/tex].

The perimeter of a polygon is equal to the sum of all its sides. Since the perimeter of the triangle is 23 meters, we have the following equation:

[tex]x+x+2x-5=23[/tex]

Combine like terms:

[tex]4x-5=23[/tex]

Add 5 to both sides:

[tex]4x=28[/tex]

Divide both sides by 4:

[tex]x=\frac{28}{4}=\boxed{7}[/tex]

Therefore, the three sides of the triangle are 7, 7, and 9 and the length of the two sides that have the same length is 7.

What is the true solution to the equation below? 2 lne^ln2x-lne^ln10x=ln30

Answers

It looks like the equation is

[tex]2\ln\left(e^{\ln(2x)}\right)-\ln\left(e^{\ln(10x)}\right) = \ln(30)[/tex]

Right away, we notice that any solution to this equation must be positive, so x > 0.

For any base b, we have [tex]b^{\log_b(a)}=a[/tex], so we can simplify this to

[tex]2\ln(2x)-\ln\left(10x\right) = \ln(30)[/tex]

Next, [tex]\ln(a^b)=b\ln(a)[/tex], so that

[tex]\ln(2x)^2-\ln\left(10x\right) = \ln(30)[/tex]

[tex]\ln\left(4x^2\right)-\ln\left(10x\right) = \ln(30)[/tex]

Next, [tex]\ln\left(\frac ab\right)=\ln(a)-\ln(b)[/tex], so that

[tex]\ln\left(\dfrac{4x^2}{10x}\right) = \ln(30)[/tex]

For x ≠ 0, we have [tex]\frac xx=1[/tex], so that

[tex]\ln\left(\dfrac{2x}5\right) = \ln(30)[/tex]

Take the antilogarithm of both sides:

[tex]e^{\ln\left((2x)/5\right)} = e^{\ln(30)}[/tex]

[tex]\dfrac{2x}5 = 30[/tex]

Solve for x :

[tex]2x = 150[/tex]

[tex]\boxed{x=75}[/tex]






125. Albert surveyed a class of 25 students on sports. 5 kids love baseball. 7 kids love basketball. 10 kids
love football. How many students did not like baseball, basketball, or football?




25 students
12 students
22 students
3 students

Answers

Answer:

3 students

Step-by-step explanation:

since the total number of students is 25,when you add those that like baseball, basketball and football the total number must be 25 but in this case it's 22 meaning 2 student liked neither.

7+5+10+x=25

x=25-22

=3

I hope this helps

9 3/5 % as a decimal, rounded to 3 decimal places, is:

Answers

Answer:

0.054

Step-by-step explanation:

9 3/5% as a decimal is 0.054 (already to 3 decimal places)

Answer from Gauthmath

9 are just, well..., 9

3/5 are 0.6

because 1/5 is 0.2

so it's 9.6%, not so complicated I guess

You wish to create a 5 digit number from all digits; 0 1 2 3 4 5 6 7 8 9
Repetition is not allowed
* 0 cannot be first as it does not count as a place value if it is first. Ie. 027 is a 2 digit number

How many even numbers can you have?

Answers

Answer:

10234

Step-by-step explanation:

one is the smallest number so its first

and then you can place zero

after that just place the second smallest number

and so on

How many counting numbers have three distinct nonzero digits such that the sum of the three digits is 7?​

Answers

Answer:

6

Step-by-step explanation:

You have 2 conditions.

1. The digits must be different.

2. The digits must add to 7.

There aren't very many

124

142

214

241

412

421

That's it. That's your answer. There are 6 of them

The triangles are similar.


What is the value of x?


Enter your answer in the box.

x =

Answers

Answer:

x=12

Step-by-step explanation:

each side of the smaller triangle, we can multiply by 4 to get the side of the larger triangle

ex: 8*4=32 and 17*4=68

so we can assume that 15*4= 4x+12

60=4x+12

48=4x

x=12

Answer:

x = 12

Step-by-step explanation:

The triangles are similar so we can use ratios

4x+12      32

-------  = ------------

15             8

Using cross products

(4x+12) *8 = 15 * 32

(4x+12) *8 = 480

Divide each side by 8

(4x+12) *8/8 = 480/8

4x+12 = 60

Subtract 12 from each side

4x+12 -12 = 60-12

4x = 48

Divide by 4

4x/4 = 48/4

x = 12

The midpoint of a segment is (6,−4) and one endpoint is (13,−2). Find the coordinates of the other endpoint.
A. (-1, -6)
B. (-1, 0)
C. (20, -6)
D. (20, 0)

Answers

Answer: A. (-1, -6)

Step-by-step explanation:

Use the midpoint formula:

Endpoint #1 = (x₁, y₁) = (13, -2)Endpoint #2 = (x₂, y₂)

[tex]midpoint = (\frac{x_{1}+x_{2}}{2}, \frac{y_{1}+y_{2}}{2}) \\\\(6, -4) = (\frac{13+x_{2}}{2}, \frac{-2+y_{2}}{2})\\\\\frac{13+x_{2}}{2} =6\\\\13+x_{2}=6*2\\\\x_{2}=12-13=-1\\\\ \\ \frac{-2+y_{2}}{2}=-4\\\\-2+y_{2}=(-4)*2\\\\y_{2}=-8+2=-6\\\\\\\left \{ {{x_{2}=-1} \atop {y_{2}=-6}} \right.[/tex]

A market surveyor wishes to know how many energy drinks teenagers drink each week. They want to construct a 98% confidence interval for the mean and are assuming that the population standard deviation for the number of energy drinks consumed each week is 1.1. The study found that for a sample of 1027 teenagers the mean number of energy drinks consumed per week is 5.9. Construct the desired confidence interval. Round your answers to one decimal place.

Answers

Answer:

The 98% confidence interval for the mean number of energy drinks consumed per week by teenagers is (5.8, 6).

Step-by-step explanation:

We have that to find our [tex]\alpha[/tex] level, that is the subtraction of 1 by the confidence interval divided by 2. So:

[tex]\alpha = \frac{1 - 0.98}{2} = 0.01[/tex]

Now, we have to find z in the Z-table as such z has a p-value of [tex]1 - \alpha[/tex].

That is z with a pvalue of [tex]1 - 0.01 = 0.99[/tex], so Z = 2.327.

Now, find the margin of error M as such

[tex]M = z\frac{\sigma}{\sqrt{n}}[/tex]

In which [tex]\sigma[/tex] is the standard deviation of the population and n is the size of the sample.

[tex]M = 2.327\frac{1.1}{\sqrt{1027}} = 0.1[/tex]

The lower end of the interval is the sample mean subtracted by M. So it is 5.9 - 0.1 = 5.8 drinks per week.

The upper end of the interval is the sample mean added to M. So it is 5.9 + 0.1 = 6 drinks per week.

The 98% confidence interval for the mean number of energy drinks consumed per week by teenagers is (5.8, 6).

Solve for x and y…….

Answers

The shapes are the same size. Match the sides.

3x -1 = 17

Add 1 to both sides:

3x = 18

Divide both sides by 3:

X = 6

2y = 16

Divide both sides by 2

Y = 8

Answer: x = 6, y = 8

a tree 15m high casts a shadow 8m long. To the nearest degree what is the angle of elevation of the sun?

Answers

Answer:

Answered March 20, 2021

This is a right angle triangle where the hypotenuse a^2 = b^2 + c^2

= 15^2 + 8^2 = 225+64= 289

289= 17^2

17 = hypotenuse

The sine of an angle is the ratio of the shortest side to the hypotenuse

= 8/17= 0.4705

sine^-1 0.4705 = 28°

Which one is greater 4.5% or 0.045

Answers

Answer:

They are equal

Step-by-step explanation:

4.5% is 0.045 in decimal form

Answer: They are equal

Step-by-step explanation:

I always remember by taking the two o's in percent and moving them two spots to the left and vise versa if you want to make a decimal into a percent  (move it two spots to the right).

Function below, choose the correct description of its graph.
vertical
line
horizontal
line
line with a
negative
slope
line with a parabola
positive opening
slope down
O
O
O
O
O
h(x)=0
k(x) = 4x2 +312
f(x) = x-1
O
o
o
O
O
O

Answers

Step-by-step explanation:

I think something went wrong with the answer options you provided. and maybe with the problem statement itself.

I see 3 function definitions.

I can tell you what they are and use the provided option phrasing as closely as possible :

h(x) = 0 is a horizontal line (in fact the x-axis)

k(x) = 4x² + 312 is a parabola with the opening upwards

f(x) = x - 1 is a line with positive slope (going from left to right the line goes up)

11) 161.3 is what percent of 177.2?

Answers

eueuhhbee×€×&÷;#;;#

shehdjdjjrnsns

shehehensndneee

nejeje

Answer:

it's 91.027%

Step-by-step explanation:

I hope i helped

Which graph represents the function f (x) = StartFraction 1 Over x + 3 EndFraction minus 2?

Answers

Given:

The function is:

[tex]f(x)=\dfrac{1}{x+3}-2[/tex]

To find:

The graph of the given function.

Solution:

We have,

[tex]f(x)=\dfrac{1}{x+3}-2[/tex]

It can be written as:

[tex]f(x)=\dfrac{1-2(x+3)}{x+3}[/tex]

[tex]f(x)=\dfrac{1-2x-6}{x+3}[/tex]

[tex]f(x)=\dfrac{-2x-5}{x+3}[/tex]

Putting [tex]x=0[/tex] to find the y-intercept.

[tex]f(0)=\dfrac{-2(0)-5}{(0)+3}[/tex]

[tex]f(0)=\dfrac{-5}{3}[/tex]

So, the y-intercept is [tex]\dfrac{-5}{3}[/tex].

Putting [tex]f(x)=0[/tex] to find the x-intercept.

[tex]0=\dfrac{-2x-5}{x+3}[/tex]

[tex]0=-2x-5[/tex]

[tex]2x=-5[/tex]

[tex]x=\dfrac{-5}{2}[/tex]

[tex]x=-2.5[/tex]

So, the x-intercept is [tex]-2.5[/tex].

For vertical asymptote, equate the denominator and 0.

[tex]x+3=0[/tex]

[tex]x=-3[/tex]

So, the vertical asymptote is [tex]x=-3[/tex].

The degrees of numerator and denominator are equal, so the horizontal asymptote is the ratio of leading coefficients.

[tex]y=\dfrac{-2}{1}[/tex]

[tex]y=-2[/tex]

So, the horizontal asymptote is [tex]y=-2[/tex].

End behavior of the given function:

[tex]f(x)\to -2[/tex] as [tex]x\to -\infty[/tex]

[tex]f(x)\to -\infty[/tex] as [tex]x\to -3^-[/tex]

[tex]f(x)\to \infty[/tex] as [tex]x\to -3^+[/tex]

[tex]f(x)\to -2[/tex] as [tex]x\to \infty[/tex]

Using all these key features, draw the graph of given function as shown below.

Answer:

The Answer Is A.

Step-by-step explanation:

Last year, the CDC claimed there were 1700 different strains of a virus around the
world. Since then, numbers have increased by 9.7% more than what the scientists
originally estimated. How many strains are estimated currently? Round to the nearest
number.

Answers

Answer: 1865

Step-by-step explanation:

Given

Claimed strains of virus is 1700

If it is increased by 9.7%

Estimated value can be given by

[tex]\Rightarrow 1700+1700\times 9.7\%\\\Rightarrow 1700(1+0.097)\\\Rightarrow 1700\times 1.097\\\Rightarrow 1864.9\approx 1865[/tex]

Thus, the estimated number is [tex]1865[/tex]

Other Questions
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