Penembi's starting price for her t-shirts is n$30 if she wants to decrease her price to n$20 . how mach of mark down in percentage does she need
Penembi's starting price for her t-shirts is n$30 if she wants to decrease her price to...
Liz produces t-shirts. From the consumers' perspective, her t-shirts are not different from other t-shirts of this kind offered by many other sellers. The going market price of a t-shirt is $7. Liz's total variable costs are shown in the table below. Her total fixed cost is $10 per day. In the scenario above, what price should Liz charge ($ per t-shirt)? In the scenario above, what is Liz's marginal revenue from the fifth t-shirt ($)? In the scenario above,...
Liz's T-Shirts Liz produces t-shirts. From the consumers' perspective, her t-shirts are not different from other t-shirts of this kind offered by many other sellers. The going market price of a t-shirt is $7. Liz's total variable costs are shown in the table below. Her total fixed cost is $10 per day. In the scenario above, what price should Liz charge ($ per t-shirt)? In the scenario above, what is Liz's marginal revenue from the fifth t-shirt ($)? In the...
Meredith wants to maximize her profits from selling items for the Aggie REPS. She can earn $5 profit for selling fleeces and $7 profit for selling t-shirts. She is limited by his time; it takes 2 hours to make a sale of a fleece and 4 hours for a t-shirt, while she only has 40 hours to devote to sales. Meredith is also subject to the limits of the manufacturer. They have a limit of 42 hours to make the...
1A. The Madera County Emu Farm wants to start selling t-shirts in addition to emu eggs. The manager wants to sample a few other farms to get a good idea of the average profit that can be made. She wants to be 95% certain of the results, and she wants to be within $1,000 of the true mean. When she was researching online, she found that the standard deviation of the mean t-shirt sales for businesses similar to hers was...
Lady Gaga is 30 and already worried about her future. She wants to make sure that she’ll be able to keep up with the life standard she got used to – at the end of the day, she was born this way and wants to die this way, too. She has couple of goals that she wants to achieve after she retires. First, she wants to be able to withdraw $150,000 each month to cover her clothing and make-up expenses...
Melissa is starting an IT business, and she wants to calculate her cost function. She estimates that to start the business she will need to spend $2,000 on equipment, $1,000 on advertising, and $5 for every computer that she services. If x is the number of computers that Melissa services, what is the correct representation of the cost function C(x)?
The company wants to sell t-shirts and owner wants to be 95% certain of the results, and she wants to be within $1,000 of the true mean. When she was researching online, she found that the standard deviation of the mean t-shirt sales for businesses similar to hers was $2,200. How many should she get data from?
Monica has decided that she wants to build enough retirement wealth that, if invested at 7 percent per year, will provide her with $3,000 monthly income for 30 years. To date, she has saved nothing, but she still has 20 years until she retires. How much money does she need to contribute per month to reach her goal?
Ms. Patricia Sullivan plans to create a fund from her lottery winnings to meet three objectives. First, she wants to create a fund so that her mother can withdraw $20,000 per month for the remainder of her expected life of 20 years. Second, she wants to pay the down payment for her brother to buy a house upon graduation from college four years from now. She expects that he will need $100,000 for down payment at that time. Finally, she...
Joanne sells silk-screened T-shirts at community festivals and craft fairs. Her marginal cost to produce one T-shirt is $ 4.50 .$4.50. Her total cost to produce 8080 T-shirts is $ 410 comma$410, and she sells them for $99 each. a. Find the linear cost function for Joanne's T-shirt production. b. How many T-shirts must she produce and sell in order to break even? c. How many T-shirts must she produce and sell to make a profit of $500?