Hi everyone, I'm having trouble with this question and I'm not sure how to do it/where to start. Does anyone have a solution to it? It will help me with my future problems on this topic!
Answers
This is quite an interesting problem. I am not sure how high you are in math, but I am going to use calculus I techniques to solve it. First, we need to model an equation. Let P be the total profit and x be every time you increase the cost by $10. If you think about it hard enough you come up with the equation
[tex]P(x)=(200-5x)(250+10x)[/tex]
(200-5x) is the amount of plots you will be able to sell, and (250+10x) is the amount you charge for. So, at x =0
[tex]P(0)=(200-5(0))(250+10(0))=(200)(250)=$50,000[/tex]
This is the initial condition where if we sell 200 plots at $250/plot.
So, this equation makes sense.
Now, let's maximize using the first derivative of the function.
Let's get it into an easily differentiable form.
[tex]P(x)=(200-5x)(250+10x)=-50x^2+2000x-1250x+50000\\=-50x^2+750x+50000[/tex]
From here, differentiate the problem.
[tex]P'(x)=-100x+750[/tex]
Now, set it equal to zero and solve for x.
[tex]P'(x)=-100x+750=0\\x=7.5[/tex]
This a critical point of the function. Let's plug back into the original equation to see what it gives us.
[tex]P(7.5)=(200-5(7.5))(250+10(7.5))=(162.5)(325)=52,812.50[/tex]
You cant sell half a plot, so we need to see what happens if we sell 162 plots and 163 plots, and then compare which one gives us more money.
In order to sell 162 plots
[tex]200-5x=162\\x=7.6[/tex]Plug back into P(x) to see the profit
[tex]P(7.6)=(200-5(7.6))(250+10(7.6))=(162)(326)=52,812[/tex]
Now, do the same for 163 plots
[tex]200-5x=163\\x=7.4\\P(7.4)=(200-5(7.4))(250+10(7.4))=(163)(324)=52,812[/tex]
As we can see, they are the same. So, you can charge either $324 or $326 in rent. But, if your teacher is not looking for a logical answer and you can somehow sell half a plot, you can charge $325 in rent for the maximum profit.
Related Questions
Can you help me!
Determine the solution to the following one-variable linear equation:
a. 4a - 11 = 2a + 3
b. 3z + 12 = 15
c. 2 - 6b = 20
d. 3y - 5 = 27 - y
Answers
Hi,
4a - 11 = 2a + 3
4a - 11 + 11 = 2a + 3 + 11
4a = 2a +14
4a - 2a = 2a - 2a + 14
2a = 14
2a / 2 = 14 / 2
a = 7
3z + 12 = 15
3z + 12 - 12 = 15 - 12
3z = 3
3z / 3 = 3 / 3
z = 1
2 - 6b = 20
2 - 2 - 6b = 20 - 2
- 6b = 18
6b = - 18
6b / 6 = -18 / 6
b = -3
3y - 5 = 27 - y
3y - 5 + 5 = 27 - y + 5
3y = - y +32
3y + y = - y + y +32
4y = 32
4y / 4 = 32 / 4
y = 8
✅(◠‿◕)
#A
4a - 11 = 2a + 3 4a - 2a = 3 + 112a = 14 a = 14/2 a = 7✅#B
3z + 12 = 15 3z = 15 - 12 3z = 3 z = 3/3 z = 1✅#C
2 - 6b = 20 -6b = 20 - 2 -6b = 18 b = 18/(-6)b = -3✅#D
3y - 5 = 27 - y 3y + y = 27 + 5 4y = 32 y = 32/4 y = 8✅Use the elimination method to solve the system of equations. Choose the correct orderly pair.
2x+4y=16
2x-4y=0
A. (2,-4)
B. (4,-2)
C. (2,4)
D. (4,2)
Answers
(2x+4y=16).....1
(2x-4y=0).....2
then take equation 1 plus 2
4x=16
x=4
then take equation 2 to solve for y
2x-4y=0
(2×4)-4y=0
y=2
therefore answer is D. (4,2)
The ratio of boys to girls in the class is 4 to 5. If there are 18 boys and girls in the
class, how many of each are there?
Answers
Answer:
8 boys and 10 girls
Step-by-step explanation:
If the ratio is 4:5,
4x2 + 5x2 equal 8+10 =
18.
4:5=8:10
Answer:
8 boys
10 girls
Step-by-step explanation:
4:5
8:10
8+10=18
If h(x)=5x+7, then h(x) has a zero at which of the following values?
(1) -5
(2) 7
(3) -1.4
Answers
Answer:
Step-by-step explanation:
0 = 5x + 7
-7 = 5x
x = - 7/5 = -1.4
Answer:
-1.4
Step-by-step explanation:
h(x)=0=5x+7
or, 5x= -7
x= -7/5= -1.4
A girl has 7 skirts, 9 blouses, and 4 pairs of shoes. How many different skirt-blouse-shoe outfits can she wear
Answers
Answer: 252 i think i tried and i think its right
Use the ALEKS calculator to write 2/63 as a percentage.
Round your answer to the nearest tenth of a percent.
Answers
Answer:
3.2%
Step-by-step explanation:
2 / 63 = 0.031746031746
0.031746031746 x 100 = 3.1746031746 and round
What is the net pay for these details?
$764 gross pay
Federal withholding $128
FICA $41.87
State $45.15
Health $19.25
A. $529.73
B. $568.23
C. $658.53
D. $703.77
Answers
Answer:
Its a
Step-by-step explanation:
2. Twenty machines can embroider 1000 sweaters in 5 days.
a. In how many days can 10 machines embroider the same 2000 sweaters?
b. How many machines would needed to embroider 5000 sweaters in 10 days?
Answers
Answer:
a) 20 days
b) 50 machines
51 is 10% of what number
Answers
Answer:
10 percent of 51 is 5.1
Answer:
51=10
510=100
Step-by-step explanation:
51=10/100
x10
510
1. Andrea’s car has broken down for the third time this month, and she has decided to buy a different car. Her dream car, a 2016 Chevrolet Camaro, costs $38,000. She has a $4,000 down payment saved, and the bank is offering 3.00% APR on 60 month loans for new cars.
a. How much will Andrea need to borrow to buy the Camaro?
b. What would Andrea need to type in Excel to figure her monthly payment, and what will her monthly payment be?
c. What will the total of all of Andrea’s payments be over the lifetime of the car loan?
d. How much will Andrea pay in interest over the lifetime of the car loan?
Answers
A) Andrea will need to borrow $34,000 to buy the Camaro
B) Andrea will need to type =(34000x1.03 ^ 5) / 60 in Excel to figure her monthly payment, which will be $656,92.
C) The total of all of Andrea’s payments be over the lifetime of the car loan will be $39.415,31
D) Andrea will pay $5415.31 in interest over the lifetime of the car loan
Since Andrea's car has broken down for the third time this month, and she has decided to buy a different car, and her dream car, a 2016 Chevrolet Camaro, costs $ 38,000, and she has a $ 4,000 down payment saved, and the bank is offering 3.00% APR on 60 month loans for new cars, to determine A) how much will Andrea need to borrow to buy the Camaro; B) what would Andrea need to type in Excel to figure her monthly payment from her, and what will her her monthly payment be from her; C) what will the total of all of Andrea’s payments be over the lifetime of the car loan; and D) how much will Andrea pay in interest over the lifetime of the car loan, the following calculations must be performed:
A) 38000 - 4000 = X 34000 = X
B) = (34000x1.03 ^ 5) / 6039.415,31 / 60656,92C) 34000 x 1.03^5 = X34000 x 1.1592 = X39.415,31 = XD) (34000 x 1.03^5) - 34000 = X(34000 x 1.1592) - 34000 = X39415.31 - 34000 = X5415.31 = X
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A breakfast cereal producer makes its most popular product by combining just raisins and flakes in each box of cereal. The amounts of flakes in the boxes of this cereal are normally distributed with a mean of 370\,\text{g}370g370, start text, g, end text and a standard deviation of 24\,\text{g}24g24, start text, g, end text. The amounts of raisins are also normally distributed with a mean of 170\,\text{g}170g170, start text, g, end text and a standard deviation of 7\,\text{g}7g7, start text, g, end text.
Let T=T=T, equals the total amount of product in a randomly selected box, and assume that the amounts of flakes and raisins are independent of each other.
Find the probability that the total amount of product is less than 575\,\text{g}575g575, start text, g, end text.
You may round your answer to two decimal places.
P(T<575)\approx
Answers
Using the normal distribution, it is found that there is a 0.9192 = 91.92% probability that the total amount of product is less than 575 g.
In a normal distribution with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex], the z-score of a measure X is given by:
[tex]Z = \frac{X - \mu}{\sigma}[/tex]
It 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, which is the percentile of X.When two normal variables are added, the mean is the sum of the means while the standard deviation is the square root of the sum of the variances.In this problem, the product is composed by flakes and raisins, and we have that:
[tex]\mu_F = 370, \sigma_F = 24, \mu_R = 170, \sigma_R = 7[/tex]
Hence, the distribution for the total amount of product has mean and standard deviation given by:
[tex]\mu = \mu_F + \mu_R = 370 + 170 = 540[/tex]
[tex]\sigma = \sqrt{\sigma_F^2 + \sigma_R^2} = \sqrt{24^2 + 7^2} = 25[/tex]
The probability that the total amount of product is less than 575 g is the p-value of Z when X = 575, hence:
[tex]Z = \frac{X - \mu}{\sigma}[/tex]
[tex]Z = \frac{575 - 540}{25}[/tex]
[tex]Z = 1.4[/tex]
[tex]Z = 1.4[/tex] has a p-value of 0.9192.
0.9192 = 91.92% probability that the total amount of product is less than 575 g.
A similar problem is given at https://brainly.com/question/22934264
jay has a rare baseball card collection. he currently owns 10 baseball cards. each month, he purchases a new card for his collection. write a model to represent the number of cards in jays collection after n months
Answers
Answer:
y=n+10
explanation
he adds a new baseball card every month and he starts off with 10
say its been 3 months since he started
3(months)+10 (that he already had)
he now has 13 cards.
A bakery sells 1/2 dozen cookies for $6.48. At this rate, how much would it cost for 3 dozen cookies?
Answers
Write the equation of the circle centered at (10, – 4) that passes through (14, 12).
Answers
Answer:
(x -10)² +(y +4)² = 272
Step-by-step explanation:
The equation of a circle with center (h, k) and radius r is ...
(x -h)² +(y -k)² = r²
The center is given as (h, k) = (10, -4). We can find the value of r² using the "passes through" point coordinates:
(14 -10)² +(12 -(-4))² = r² = 16 +256 = 272
Then for the given center and the value of r² we found, the equation is ...
(x -10)² +(y +4)² = 272
A color printer prints 5 pages in 9 minutes.
How many minutes does it take per page?
PLS HELPPPPPP
Answers
Answer: 1.8
Step-by-step explanation: Divide 9/5
consider the following matrix. I need to know if the system has zero or infinite solutions or just one solution and if the matrix does/does not have an inverse.
Answers
Answer:
I think it would be no solution
Step-by-step explanation:
since there is the same slope, the line would never cross. Also the determinate is 0 or 1/0, so there would be no solution
Cute Castle Toy Store is having its annual holiday sale, when every toy in the store gets
marked down. During the sale, Ted purchases 4 Mighty Muscle action figures to add to his
collection, each at $3 less than full price. Ted pays a total of $92. How much does each
Mighty Muscle action figure cost at full price?
Answers
Each Mighty Muscle action figure cost $26 at full price.
Let x represent the cost of Mighty Muscle action figure at full price.
He bought 4 Mighty Muscle action at $92, hence:
4(x - 3) = 92
Simplifying the parenthesis:
4x - 12 = 92
Add 12 to both sides:
4x - 12 + 12 = 92 + 12
4x = 104
Dividing both sides by 4:
4x/4 = 104/4
x = 26
Therefore, each Mighty Muscle action figure cost $26 at full price
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the table shows the pricing for four different types of gasoline which type cost the least per gallon a $20.20 for 10 galb $26.04 for 12 gal c $28.14 for 14 gal d $30.45 for 15 gal
Answers
Answer:
A is the cheapest deal.
Step-by-step explanation:
find unit rate; cost / quantity
20.20 / 10 = $2.02 per gallon
26.04 / 12 = $2.17 per gallon
28.24 / 24 = $2.01 per gallon
30.45 / 25 = $2.03 per gallon
Which is greater, -6.4 or -6.5? please explain !!
Answers
Answer:
-6.4 is GREATER.
The number closest to 0 is greater.
A radio tower is located 425 feet from a building. From a window in the building, a person determines that the angle of elevation to the top of the tower is 30 ∘ ∘ and that the angle of depression to the bottom of the tower is 26 ∘
. How tall is the tower?
Answers
The height of the tower is 452.66 ft
The situation will form 2 right angle triangle. One above the line of sight
and one below the line of sight.
Therefore,
Using trigonometric ratio,
tan ∅ = opposite / adjacent side
tan 30° = h(top of the tower) / 425
h(top of the tower) = tan 30 × 425 = 245.373864406
tan 26° = h(bottom of the tower) / 425
h(bottom of the tower) = 425 × tan 26° = 207.28635014
Therefore,
Height of tower = h(top of the tower) + h(bottom of the tower)
Height of tower = 245.37 + 207.29 = 452.66 ft
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how to find the volume of an oven with the inside dimensions 3 ft by 1.5 ft by 3 ft
Answers
9514 1404 393
Answer:
13.5 ft³
Step-by-step explanation:
The volume of a cuboid is the product of its length, width, and height:
V = (3 ft)(1.5 ft)(3 ft) = 13.5 ft³
The volume of the oven is 13.5 ft³.
__
You may see this as the formula ...
V = LWH
w
[tex]41 \div 646 = [/tex]
[tex]259 \times 55[/tex]
help me with this math pls
Answers
PLEASE HELP 100 POINTS
Answers
Answer:
I think its x = 8
Step-by-step explanation:
There are 8 white long rectangles so I would think x = 8
but there are 9 little white squares so it could be 8 + 9 but
Answer:
x= 6/7
Step-by-step explanation:
becuase 7x -3x -2 + 1 = 8-3-3x + x
is simplified to 5x -1 = 5-2x
+2 on both sides
7x-1 =5
+ 1 on both sides
7x=6
divde both by 7
x= 6/7
how would is solve this?
Find the area of the shaded region. Round your answer to the nearest hundredth.
Answers
it will be 36
Step-by-step explanation:
fgdsb b zgffhxgv
its urgent .have an exam tomorrow .pls help
Answers
Sarah had a party and ordered pizzas for everyone to share. If she bought 5 pizzas for $62.50, how much did each pizza cost? 12.50,312.50,13.50,15.62
Answers
Answer:
12.50
Step-by-step explanation:
12.50
Finding it hard. I’d love some help and the answers. Thanks
Answers
for all of them its base times height
v=bh
1) (8*6/2)*9.5=228
2) (4.5/2)^2 *8= 40.5
3) (3.3* 8.3/2) *5.4= 74.0
4) ((3.2+4.8)/2)* 2.7 *4.4= 47.5
Help help help help help help
Answers
Answer:
70.2
Step-by-step explanation:
28.08 / 0.4 = 70.2
Unit #2 - Lesson #13 Exit Ticket: A tour company for large groups charges a one time fee of $200 plus an
additional $25 per person who goes on the tour. They must make at least $1,650 to make the tour profitable. Let
n be the number of people going on the tour. Write and solve an inequality in terms of n that represents all numbers
of people who can go on the tour to make it profitable.
Answers
Answer:
200+25n>1650
Step-by-step explanation:
200 is the one time fee
25n for $25 per person
> because they must make more than 1650 to be profitable
PLEASE HELP PLEASEEE
Answers
Answer:
pointts Step-by-step explanation:
u
Answer:
d
Step-by-step explanation:
