Answer:
$68
Step-by-step explanation:
We have been given the demand equation for Turbos as 
, where q is the number of buggies the company can sell in a month if the price is $p per buggy.
Let us find revenue function by multiplying price of p units by demand function as:
Revenue function: 
Since revenue function is a downward opening parabola, so its maximum point will be vertex.
Let us find x-coordinate of vertex using formula 
.
The maximum revenue would be the y-coordinate of vertex.
Let us substitute 
in revenue formula.
Therefore, the company should sell each buggy for $68 to get the maximum revenue of $18,496.
This is not an exponential function. This is a linear function.
Ni is not correct. To solve
the equivalent quarterly interest rate, the annual interest rate should be multiplied
by the correct ratio. Since the annual interest rate is 4% per year. So in 1 quarter
is equal to 0.25 year.
<span>(4% / year) (0.25 year/ 1
quarter) = 1% per quarter</span>
Answer:
I believe the answer is A.
Step-by-step explanation:
i believe the answer is B
but i could always be wrong :(
