The price p based on the equation given is p = 3000 - 0.1x.
<h3>How to express the price?</h3>
The equation given in the question is x = 3000 - 10p. The price(p) will be:
x = 3000 - 10p.
Make p the subject of the formula
x + 10p = 3000
10p = 3000 - x
p = (3000 - x)/10
p = 3000 - 0.1x
The revenue will be price multiplied by quantity. This will be:
= (3000 - 0.1x) × x
= 3000x - 0.1x²
The marginal revenue will be calculated after differentiating. This will be:
= 3000x - 0.1x²
= 3000 - 0.2x
The demand which is the quantity based on the information will be:
3000 - 0.2x = 0
0.2x = 3000
x = 1500
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Answer:
Step-by-step explanation:
Start by finding out the tax percentage which is 3.01 divided by 34.80 which gives us 9% when rounded up. 100*1.09 will give us the answer; The answer is $109. For a precise answer with a precise tax percentage, it would be $108.65.
Answer:
Step-by-step explanation:
We'll take this step by step. The equation is
Looks like a hard mess to solve but it's actually quite simple, just do one thing at a time. First thing is to subtract 8 from both sides:
The goal is to isolate the term with the x in it, so that means that the -3 has to go. Divide it away on both sides:
Let's rewrite that radical into exponential form:
If we are going to solve for x, we need to multiply both sides by the reciprocal of the power:
On the left, multiplying the rational exponent by its reciprocal gets rid of the power completely. On the right, let's rewrite that back in radical form to solve it easier:
Let's group that radicad into groups of 3's now to make the simplifying easier:
because the cubed root of 5 cubed is just 5, so we can pull it out, leaving us with:
which is the same as: