Mathematics, 08.01.2021 21:50 skittles181927
Earl’s Biking Company manufactures and sells bikes. Each bike costs $40 to make, and the company’s fixed costs are $5000. In addition, Earl knows that the price of each bike comes from the price function, p(x) = 300 -2x. (x = quantity produced)
Determine:
1. The company’s revenue function, R(x). (10%)
R = (quantity) ( price)
R = x ( 300-2x)
R = 300x - 2x2 Answer
2. The company’s expense function, E(x). (30%)
3. The company’s profit function, P(x)
4. If the company produced 750 bikes in a month, how much profit would the company make?
Answers: 3
Mathematics, 21.06.2019 17:20, kolbehoneyman
Four airplanes carrying a total of 400 passengersarrive at the detroit airport. the airplanes carry, respectively,50, 80, 110, and 160 passengers. a) one of the 400 passengers is selected uniformly at random. let x denote the number of passengers that were on theairplane carrying the randomly selected passenger. find var(x)for x as given in the problemb) one of the 4 airplane drivers is also selected uniformly atrandom. let y denote the number of passengers on the chosen driver’s airplane. find var(y) for y as given in the problem
Answers: 3
Mathematics, 21.06.2019 18:00, ijustneedhelp29
What does the relationship between the mean and median reveal about the shape of the data
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Mathematics, 21.06.2019 18:30, liliaboop9325
The lengths of two sides of a right triangle are given. find the length of the third side. round to the nearest tenth if necessary. a) y = 12/5x + 39/5 b) y = 5/12x + 5/39 c) y = 12/5x - 39/5 d) y = 5/12x - 5/39
Answers: 2
Earl’s Biking Company manufactures and sells bikes. Each bike costs $40 to make, and the company’s f...
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