1) let seats sold = x
snacks sold = y
so, equation becomes
20x + 5y = 400
b) graph shoen below
c) according to the graph
when 10 seats are sold , snacks sold = 40
The Problem In this project your group will solve the following situation: A local business plans on advertising their new product by purchasing advertisements on the radio and on TV. The business plans to purchase at least 60 total ads and they want to have at least twice as many TV ads as radio ads. Radio ads cost $20 each and TV ads cost $80 each. The advertising budget is $4320. It is estimated that each radio ad will be...
please complete these problems 3-6 Class An exchange rate is a number that describes how much of one currency you can trade for another currency. For example, if the U.S. exchange rate for Canadian currency is 1.2, it means that you could trade one U.S. dollar for $1.20 Canadian. When travelers talk about how expensive or cheap a certain country is, it's often a reflection of the exchange rate. The Big Mac costs mentioned earlier? The average cost in the...
Module 8 (Extra Credit) Name Assignment (20 points) a. Assume Starbucks Franchise is part of a monopolistic competitive market. You operate a Starbucks Cafe. Your profit-maximizing quantity is 50,000 cups of coffee per year, and at this quantity, your price is $1.50 while your average cost per coffee is $3.00. In the graph below Label both axes (1 points) b. Draw and label the demand curve (D), marginal revenue curve (MR), marginal cost curve (MC), and average total cost curve...
Homework: 6-2 MyStatLab: Module Six Problem Set Score: 0 of 5 pts 5 of 14 (4 complete) 4.1.40-T Lyme disease is an inflammatory disease that results in a skin rash and flulike symptoms. It is transmitted through the bite of an infected deer tick. The following data represent the number of reported cases of Lyme disease and the number of drowning deaths for a rural county. Complete Click the icon to view the table of Lyme disease and drowning deaths....
1. (2 pts each) The graph of some unknown function f is given below. 10 6/ 8-64-2 624 10 12 Use the graph to estimate the following quantities: (0 f (9) (g) f(4) b) lim (a) lim (e) (d) lim ( 6) (e) lim f(x) (c) lim f(x) if g(x)f(x) 6) a value of r where f is continuous but not differentiable (k) a value of r where f"(x) 0 and f"(x)>0 (1) the location of a relative maximum value...
STATS QUESTION PLEASE ONLY ANSWER G, H, and I. I have everything else answered 50 Points Total Percentages of public school students in fourth grade in 1996 and in eighth grade in 2000 who were at or above the proficient level in mathematics were given in the article "Mixed Progress In Math” (USA Today, August 3, 2001). The following data for eight Western states were given: State Arizona (AZ) California (CA) Hawaii (HI) Montana (MT) New Mexico (NM) Oregon (OR)...
Dollars per sack (thousands) $380 -Deum 204 261 ATC AVC 258 0 2 4 6 8 10 12 14 16 18 20 22 24 26 Quantity of coffee (sacks of 60 kilos) a. The figure describes the cost and revenue structure of a perfectly competitive coffee farm, on a per-unit basis. What is the profit maximizing number of sacks when the price of coffe mizing number of sacks when the price of coffee in the market is $380 dollars? b....
1) Repeated doubling, in which each doubling occurs in the same amount of time, is a hallmark of linear growth. A) True B) False 2) Money in a bank account earning compound interest at an annual percentage rate of 3% represents an example of linear growth. A) True B) False 3) Suppose you had a magic bank account in which your balance doubled each day. If you started with just $ 1, you'd be a millionaire in less than a...
PART 1 PART 2 PART 3 PART 4 PART 5 PART 6 PART 7 PART 8 -11 points BBUnderStat12 22 005 Ask Your Teache My Notes It is costly in both time and money to go to college. Does it pay off? According to the Bureau of the Census, the answer is yes. The average annual income (in thousands of dollars) of a household headed by a person with the stated education level is as follows: 24.9 if ninth grade...
competitive firm is the . 4. the vert Mive is atroduction. The short-run supply curve of ortion of its short-tun marginal cost curve that is competitive firm in the above its average variable cost curve, The o ward sloping an u petitive firm is the portion of its short-run marginal cost curve that supply curve of a Leuward-sloping and lies above its long-run average cost curve. Example: A firm has the long-run cost function cy) = 2y + 200 for...