if the supply cost of each electric bicycle is £950, and the company decides to set the price less than £1300, then we can repeat the above process to find the optimal price and profit.
It can be seen that the sale volume has changed according to its price in different periods. The values have been reported in the following table. This company is going to launch a new product and the price needs to be decided based on the market analysis. Determine the appropriate price for the newly developed electric bicycle with the aim of maximizing the company’s profit. The demand for new products has a direct relationship with its price.
Table 1- Demands of an electric bicycle based on a price level according to previous experiences
Price (£) Demand
1150 415
1185 405
1210 390
1235 380
1260 345
1285 302
1310 270
1335 255
1360 246
1385 240
1410 230
1435 222
1460 216
1485 214
1510 210
1540 200
The main objective of the company is to maximize profit regarding to the new product. It is assumed that the unit production and supply cost of each electric bicycle is £740, so the profit of each unit will be (the sale price – unit production cost).
Determine the optimal demand
Compute the optimal profit.
Interpret the results.
If the supply cost of each electric Bicycle is £250 and then £950 determine the optimal price and interpret the results appropriately.
Suppose that the supply cost is £950 and the company has decided to set the price less than £1300, then what will be the optimal price? Interpret the results
To find the optimal price, we need to find the price that maximizes the company's profit. Profit is calculated as (sale price - unit production cost), and we have been given the unit production cost as £740. So, the profit function can be written as:
Profit = (sale price - £740) * demand
Using the data in the table, we can plot the demand as a function of price and then calculate the profit for each price level:
Price (£) Demand Profit (£)
1150 415 121,750
1185 405 133,650
1210 390 141,600
1235 380 146,200
1260 345 140,100
1285 302 113,640
1310 270 75,600
1335 255 67,170
1360 246 66,480
1385 240 66,600
1410 230 63,700
1435 222 62,820
1460 216 62,160
1485 214 62,370
1510 210 61,500
1540 200 59,200
From the table, we can see that the maximum profit is obtained at a price of £1210, which gives a profit of £141,600. The optimal demand at this price is 390 units.
Interpretation: The company can maximize its profit by setting the price of the electric bicycle at £1210, and the optimal demand at this price is 390 units. The company can earn a profit of £141,600 if it sells 390 electric bicycles at this price.
If the supply cost of each electric bicycle is £250, then the profit function becomes:
Profit = (sale price - £250 - £740) * demand
Profit = (sale price - £990) * demand
Using the same method as before, we can calculate the profit for each price level:
Price (£) Demand Profit (£)
1150 415 157,450
1185 405 169,950
1210 390 177,300
1235 380 181,300
1260 345 174,150
1285 302 146,890
1310 270 110,250
1335 255 96,525
1360 246 95,040
1385 240 95,400
1410 230 92,400
1435 222 91,512
1460 216 90,720
1485 214 91,422
1510 210 89,100
1540 200 85,600
The maximum profit is obtained at a price of £1210, which gives a profit of £177,300. The optimal demand at this price is 390 units.
Interpretation: If the supply cost of each electric bicycle is reduced to £250, then the optimal price remains the same as before at £1210. However, the maximum profit increases to £177,300, which is an increase of £35,700 compared to the previous scenario.
If the supply cost of each electric bicycle is £950, and the company decides to set the price less than £1300, then we can repeat the above process to find the optimal price and profit.
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Which of the following pairs of numbers results in a product that is irrational? Choose a, b, c or d.
The result of the product for the following pairs of number is irrational for 1. Option d √2(4). 2. Option a. 3. Option d. 4. Option b.
What are irrational numbers?A real number that cannot be stated as a ratio of integers is said to be irrational; an example of this is the number √2. Any irrational number, such as p/q, where p and q are integers, q≠0, cannot be expressed as a ratio. Once more, an irrational number's decimal expansion is neither ending nor recurrent.
1. The product of the numbers are:
a. √2 (√8) = √16 = 4
b. √49 (∛ 8) = 14
c. √3 (2/ √3) = 2
d. √2(4)
Option d is the correct answer.
Similarly, taking the product:
2. Option a is correct.
3. Option d is correct.
4. Option b is correct.
Hence, the result of the product for the following pairs of number is irrational for 1. Option d √2(4). 2. Option a. 3. Option d. 4. Option b.
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Describe the error in finding the perimeter of the figure. And find the perimeter
Answer:
The length of 5 inches should be counted 1 time.
Step-by-step explanation:
The 5 inches between the triangle and rectangle is inside the shape. So, it doesn't count as perimeter.
It costs 9 dollars for 4 hot dogs.
What is the price of one hot dog?
The cost of 1 hot dog is $2.25
What is proportion?Proportion is a mathematical comparison between two numbers.
Given that, the cost of 4 hot dogs are $9, we need to find the cost of 1 hot dog,
Let the cost of 1 hot dog be x, therefore, setting the proportion,
4 / 9 = 1 / x
x = 9/4
x = 2.25
Hence, the cost of 1 hot dog is $2.25
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original pice $65.00 with a 10% discount
Answer: 58.5
Step-by-step explanation: 65.00 - 10% = 58.5
Answer: $58.50
Step-by-step explanation: Orignal Price: $65.00
10% discount = -$6.50
$65.00 - $6.50 = $58.50.
lydia has money in two savings accounts one rate is 8% and the other is 12% if she has $350 more in 12% account and the total interest is $336 how much is invested in each savings account
The required amount invested in accounts with 8% and 12% are $1470 and $1820 respectively.
What are equation models?The equation model is defined as the model of the given situation in the form of an equation using variables and constants.
Here,
Lydia has money in two savings accounts one rate is 8% and the other is 12% and the total interest is $336. Let the amount invest in accounts be x and y respectively.
According to the question,
0.08x + 0.12y = 336 - - - - - -(1)
Again,
she has $350 more in 12% account
y = x + 350 - - - - - -(2)
Put y in equation 1,
0.08x + 0.12[x + 350] =336
0.08x + 0.12x + 42 = 336
0.20x = 336 - 42
x = 294/0.20
x = $1470
Now
y = 1470 + 350
y = $1820
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Which angle measures 40 i-Ready
Answer:
<YTZ
Step-by-step explanation:
Vertical angles are congruent.
<VTW measures 40°.
<YTZ is vertical to angle VTW.
m<YTZ = m<VTW
m<YTZ = 40°
Answer: <YTZ
True or False
In a regular convex polygon all sides and angles are congruent and you can only draw diagonals inside the polygon.
A pyramid is composed of six isosceles triangles and a hexagonal base. Each isosceles triangle has a height of 6 in. and a base of 10 in. The area of the hexagonal base is 259.8 in².
What is the surface area of the pyramid?
Enter your answer in the box.
in²
The surface area of the pyramid, given the height and base of the triangles, and the area of the hexagonal base, is 439. 8 square inches
How to find the surface area ?Let's determine the area of the six isosceles triangles using the formula;
= 6 x 1 /2 x base x height
= 6 x 1 / 2 x 10 x 6
= 180 square inches
The surface area of the pyramid is therefore;
= Area of triangles + Area of hexagonal base
= 180square inches + 259.8 square inches.
Add the values, we get;
= 439. 8 square inches
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Answer: 439.8
Step-by-step explanation:
PLEASE HURRY This figure consists of a rectangle and semicircle.
What is the area of this figure?
Use 3.14 for π.
Enter your answer as a decimal in the box.
(Image: A shape made up of a rectangle and a semicircle, with the semicircle on top of the rectangle. The rectangle has a width of 6 centimeters and a height of 4 centimeters.)
cm²
A shape made up of a rectangle and a semicircle, with the semicircle on top of the rectangle. The rectangle has a width of 6 centimeters and a height of 4 centimeters.
The area for this figure is given as follows:
38.13 cm².
How to obtain the area of the figure?The composite area of the figure is obtained by the sum of the areas of each component of the figure.
The figure is composed as follows:
Rectangle of width 6 centimeters and height of 4 centimeters.Semi-circle of diameter = 6 centimeters = radius of 3 centimers.The area of the rectangle is given by the multiplication of the dimensions, hence:
Ar = 6 x 4 = 24 cm².
The area of the semicircle is given by half the multiplication of π = 3.14 by the radius square, hence:
As = 0.5 x 3.14 x 3² = 14.13 cm².
Hence the total area is given as follows:
A = Ar + As
A = 24 + 14.13
A = 38.13 cm².
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Explain what AB means and what AB/ means. How are these two meanings related?''
AB vector is a vector whereas AB bar is a line segment.
What is a vector ?
The vectors are described as an object containing both significance and course. Vector describes the motion of an item from one point to any other. Vector math may be geometrically picturised via the directed line segment.
The duration of the phase of the directed line is known as the value of a vector and the angle at which the vector is inclined shows the path of the vector. The start line of a vector is referred to as “Tail” and the finishing factor (having an arrow) is referred to as “Head.”
The difference is in their names itself.
AB vector is a vector whereas AB bar is a line segment.
A vector has a direction and a magnitude while a line segment ( scalar ) has only magnitude.
Therefore, AB vector is a vector whereas AB bar is a line segment.
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Which graph shows a proportional relationship that passes through the point (2, 1)?
The required graph of the equation is given by y=x/2
What are linear equations?Linear equations help in representing the relationship between variables such as x, y, and z, and are expressed in exponents of one degree. In these linear equations, we use algebra, starting from the basics such as the addition and subtraction of algebraic expressions.
Given here: A graph proportional to the line that passes through the point.
Now one of the graph has the equation y= x/2
we can treat this line as some proportional equation with 1/2 as the constant.
And it also passes through the point (2,1)
Hence, The required graph of the equation is given by y=x/2
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The options containing the graph are attached
Double question, double points!
The potential energy increases as the charges or the poles get further apart.
Static charges does not build up by polarization.
What is a field force?A field force is a force that acts on a particle without physical contact. It arises from the presence of a field, such as an electric field, magnetic field, or gravitational field.
The field exerts a force on a particle based on its charge, mass, or other property, and the strength of the force is determined by the field intensity and the properties of the particle. For example, an electric field exerts a force on a charged particle, while a gravitational field exerts a force on a mass.
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if f(x)= log(x^2 + 3x) 2^3x, find f'(2)=?
Answer:
f'(2)=64
Step-by-step explanation:
After plugging in 2 for x our equation would look like
log(2^2+(3×2))×2^(3x2)
Now just follow PEMDAS, starting with the left.
1: 2^2=4, 3×2=6, 4+6= 10
2: 3×2=6, 2^6=64
3: log(10)=1
4: 1×64=64
5: f'(2)=64
i need help with this question
The exponential function from the table is f(x) = 2 [tex](0.5)^x[/tex].
The graph is given below.
Option D is the correct answer.
What is a function?A function is a relationship between inputs where each input is related to exactly one output.
Example:
f(x) = 2x + 1
f(1) = 2 + 1 = 3
f(2) = 2 x 2 + 1 = 4 + 1 = 5
The outputs of the functions are 3 and 5
The inputs of the function are 1 and 2.
We have,
The exponential function is given as,
f(x) = m[tex]a^x[/tex]
Now,
From the table,
2 = m[tex]a^0[/tex]
m = 2
1 = m[tex]a^1[/tex]
m = 1/a ____(1)
0.5 = m[tex]a^2[/tex]
m = 0.5/[tex]a^2[/tex] _____(2)
Now,
From (1) and (2).
1/a = 0.5/[tex]a^2[/tex]
a = 0.5
Now,
f(x) = 2 [tex](0.5)^x[/tex]
Thus,
The exponential function is f(x) = 2 [tex](0.5)^x[/tex].
The graph is given below.
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Select the phrase from the drop-down menu that
best completes the sentence.
Several values of a quadratic function are given
in the table.
X -5
y
-7
-2 -1 2
8 9
6
8 9
0 -40 -72 -91
There is a maximum between the two input values
>
Finish
Answer:
"of -1 and 2."
Step-by-step explanation:
The quadratic function has a maximum value between the two input values of -1 and 2, with a maximum output of 9.
The following equation has an error in one of the operations.
2(x−4y)+3y=2x+11y
Which answer would correct the error?
1. Change 2(x−4y)+3y to 2(x+4y)−3y.
2. Change (x−4y) to (x+4y).
3. Change 2x+11y to 2x−11y.
4. Change 2(x−4y)+3y to 2(x−4y)−3y.
answer is 2 because if we expand the bracket we get 2x–8y+3y which is 2x–5y but if it was 2(x+4y) it would be equal to 2x+8y+3y therefore being 2x+11y
Can yall help me pls i really need it
Kevin's solution is incorrect. He found the area of the triangle as [tex]bh[/tex], not [tex]\frac{1}{2}bh[/tex].
The correct area of the triangle is [tex]\frac{1}{2}(8)(5)=20 \text{ in}^2[/tex].
PLEASE HELP ME I WILL GIVE YOU 5 STAR RATING A THANKS AND BRAINLIEST RATINGGGGG
The set of pairs for which x and y vary inversely is given as follows:
{(-1, -2/7), (4, 1/14), (6, 1/21)}.
(third set).
What is a proportional relationship?A direct proportional relationship is defined as follows:
y = kx.
In which k is the constant of proportionality.
For an inverse relation, the relation is modeled as follows:
y = k/x.
Meaning that when x increases, y decreases at a constant rate.
The constant is then obtained as follows:
k = yx.
Hence the third relation is then the relation for which x and y vary inversely, as:
k = -1 x -2/7 = 4 x 1/14 = 6 x 1/21.
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Solve the inequality: −5x−4≤6
x > -2
Step-by-step explanation:Inequalities compare the values of 2 expressions.
Solving for x
To solve the inequality, we need to isolate x. First, add 4 to both sides.
-5x ≤ 10Then, divide by 5.
-x ≤ 2Finally, divide both sides by -1. When multiplying or dividing an inequality by a negative, switch the direction of the sign.
x > -2Interpreting the Answer
Verbally, the answer is that x is greater than or equal to -2. This means that any x-value greater than -2 (including -2 itself) will make the original inequality, −5x−4 ≤ 6, true. For example, let's plug in 0.
-5(0) - 4 ≤6-4 ≤ 6This statement is true, which proves our answer is correct.
The graph shows the time it takes Jacey to print T-shirts for her school’s math club.
The ratio of y to x gives the constant of proportionality, k = 5, therefore, they are proportional quantities.
What is a Proportional Quantities?If two variables of two quantities, x and y, are represented on a graph to show their relationship, they are proportional quantities if for every ratio of y to x, the value we get is the same, which means they have a constant of proportionality, k.
Using the points on the graph in the image attached below, the table can be completed as follows:
Part A:
Number of T-shirts (x): 1 2 3 4
Time in minutes (y): 5 10 15 20
Part B: Find the ratio of y to x for each of the points on the graph.
5/1 = 5
10/2 = 5
15/3 = 5
20/4 = 5
The table derived from the graph is:
Number of T-shirts (x): 1 2 3 4
Time in minutes (y): 5 10 15 20
B. The quantities are proportional.
The ratio of y to x gives the constant of proportionality, k = 5, therefore, they are proportional quantities.
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"Your question is incomplete, probably the complete question/missing part is:"
The missing information are in the attachment below.
5. Jill drew 4 rectangles 3
triangles, 2 pentagons, and
3 trapezoids. How many
angles are on the
quadrilaterals she drew?
The angles on the quadrilaterals she drew are 47 in number.
What is Quadrilateral?A quadrilateral is a closed shape and a type of polygon that has four sides, four vertices and four angles
As there are four rectangles, The total number of angles in a rectangle are 4 × 4 = 16 angles.
The number of triangles is 3, the total number of angles is 3 × 3 = 9 angles.
Number of pentagons are 2, the total number of angles is 2 × 5 = 10 angles.
The number of trapezoids are 3, the total number of angles is 3 × 4 = 12 angles.
Total number of angles on the quadrilaterals she drew is 16 + 9 + 10 + 12 = 47 angles.
Hence, the angles on the quadrilaterals she drew 47.
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factor completely 6ax-15x
Factorization of 6ax - 15x is 3x.(2a - 5)
What is expression?Expressions in math are mathematical statements that have a minimum of two terms containing numbers or variables, or both, connected by an operator in between.
Given expression,
6ax - 15x
It can be written as
3×2 . a . x - 3×5 . x
Factoring out common factor
3x.(2a - 5)
Hence, 3x.(2a - 5) is the factorization of 6ax - 15x.
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If the car climbs 60 m vertically how far must the car have travelled horizontally?
The the gradient of the slope is 2/15
The horizontal distance which the car must have travelled is equal to 450 meters.
How to calculate the horizontal distance?Mathematically, the gradient (slope) of a geometric figure or line can be calculated by using this formula:
Pitch (slope) = V/H
Where:
V represents the rising vertical distance of an object.H represents the horizontal distance an object runs through.Based on the given image, we have the following distances and gradient (slope):
Rising vertical distance = 60
Horizontal distance (Run) = x
Gradient (slope) = 2/15
Substituting the given parameters into the formula, we have;
2/15 = 60/x
2x = 900
x = 450
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please help me. {adding this so i am allowed to post this question.
Answer:
The base is 8 and the height is 3. Multiply.
8 * 3 = 24
You will then multiply your product by 1/2.
24 * 1/2 = 12
The area is 12 inches squared.
Step-by-step explanation:
Hope it helps! =D
Answer:
[tex] {12cm}^{2} [/tex]
Step-by-step explanation:
Given
[tex]a = \frac{1}{2} bh[/tex]
b= 8in
h= 3in
8x3 = 24
24 ÷ 2 (Same as multiplying by half)
Reflecting Graph Math Question
Answer:
Step-by-step explanation:
The reflection of point A will be at (3, -4) - that is 2 units directly below the red X.
What are the intercept(s) of f(x) = x2?
Answer:
x intercept: (0,0)
Step-by-step explanation:
y intercept: (0,0)
Cincinnati’s budget is $1,130,000,000 and it’s population is 302,605. How many dollars per person are provided by the budget?
Answer:
3734.24100725
Step-by-step explanation:
This is related for all problems like this, not just this one:
When you see the key words below, this is what it means, and you can craft an equation from it:
Per = division
Of = multiplication
Using this above, we can replace the words with an equation:
The question is asking the amount of money per person.
Remember above, per means division:
Money/person
We know the amount of money and the number of people, so let's plug it in:
1,130,000,000/302,605
After division:
3734.24100725, final answer.
Hope this helps :D
What is the Interquartile range of 41, 41, 43, 43, 45, 50, 52, 53, 54, 62, 63, 63, 67, 75,97
Answer:
Step-by-step explanation
Sort the data: 41, 41, 43, 43, 45, 50, 52, 53, 54, 62, 63, 63, 67, 75, 97
Find the median (Q2): 53
Split the data set into two parts: Q1 (25th percentile) and Q3 (75th percentile)
Q1: 41, 41, 43, 43, 45, 50, 52, 53
Q3: 54, 62, 63, 63, 67, 75, 97
Find the median (Q1) of Q1 and the median (Q3) of Q3:
Q1 = 45
Q3 = 63
Finally, calculate the IQR by subtracting Q1 from Q3:
IQR = Q3 - Q1 = 63 - 45 = 18
So, the interquartile range of the given data set is 18. This means that 50% of the data falls within a range of 45 + 18 = 63 and 45 - 18 = 27.
Can somebody help me with this? I need it answered fast please Also, I need to show work
The length of CE in the triangle is 20.
What is Triangle?A triangle is a three-sided polygon that consists of three edges and three vertices.
From the given triangle ABC
BC=CD which are congruent sides
x-5=14
x=19
AB=DE
2x+3=6
2x=3
x=3/2
Now DE 2x+3=2(3/2)+3=6
CE=CD+DE
=14+6
=20
Hence, the length of CE in the triangle is 20.
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The distance between two villages is 30km. Kadi took 45 mins to cover the distance by motorcycle. What was his speed?
Answer:
50to70
Step-by-step explanation:
Answer:
Below
Step-by-step explanation:
You are given distance (30 km) and time ( 3/4 hr) and want km/hr
soooo 30 km / ( 3/4 hr) = 40 km/hr