Answer:
<h2>Revenue will decrease</h2>
Step-by-step explanation:
Note: the question did not provide the quantity to work with, so we will assume some values, say quantity Q= 30
Generally, it is normal for the revenue to decrease when the price of a commodity increase, this is so that buyer will have to react to adjust to the change in price.
When price increase from $50 to $60, the total revenue will decrease
let say the quantity Q1=30 , and the new quantity after price increase is Q2=20
1. The revenue PxQ before price change will be
PxQ= P1xQ1=50*30
PxQ= $1500
1. The revenue PxQ after price change will be
PxQ=P2xQ2= 60*20
P2xQ2= $1200
This clearly shows that based on the assumed data, the total revenue will drop from1500 to 1200, a total of $300 in a decrease
2 quarts in 1/2 a gallon
2 pints in a quart
1 pint is 16 ounces
7 1/2 pints total
7 1/2 * 16 = 120 ounces
120/ 6= 20 6 ounce servings
Statistics is not an exact science, meaning that with any answer, there will be variance. This is because the sample size used to obtain values is always smaller than the population being studied.
Answer:
357,340
Step-by-step explanation:
Locate the tens place:
357,3<u>3</u>5
Check the number to the right:
357,33<u>5 </u>
<u></u>
If the number is greater than or equal to 5, then we round up. If the number is less than or equal to 4, we round down.
The number next to the tens place is a '5'. We round up.
357,335 ≈ 357,340
Hope this helps.
