A cable TV company has 3400 customers paying $130 each month. If each $1 reduction in price attracts 50 new customers, find the price that yields maximum revenue.

Answers

Answer 1

The price that yields maximum revenue is equal to $99. Also, the maximum revenue is equal to $490,050.

How to determine the unit price that yields a maximum revenue?

In order to determine the price that would yield the maximum revenue, we have to find the derivative of the revenue function R(p) by applying the Power Rule.

Mathematically, the revenue function, R(p) is given by this mathematical expression:

Revenue function, R(p) = NP

Where:

N represents the number of customersP represents the monthly price of the subscription

Let the variable n represent the number of reductions in the price. Therefore, we have:

N = 3,400 + 50n    ....equation 1.

P = 130 - n

n = 130 - P

From equation 1, we have:

N = 3,400 + 50(130 - P)

N = 3,400 + 6,500 - 50P

Next, we would re-write the revenue function R(p) as follows:

Revenue function, R(p) = (3,400 + 6,500 - 50P)P

Revenue function, R(p) = 3,400P + 6,500P - 50P²

Revenue function, R(p) = 9,900P - 50P²

Taking the derivative of R(p), we have:

R'(p) = 9,900 - 100P

100P = 9,900

Price, P = 9,900/100

Price, P = $99

For the the maximum revenue, we have:

Maximum revenue, R(p) = 9,900P - 50P²

Maximum revenue, R(p) = 9,900(99) - 50(99)²

Maximum revenue, R(p) = 980,100 - 490,050

Maximum revenue, R(p) = $490,050.

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Complete Question:

A cable TV company has 3400 customers paying $130 each month. If each $1 reduction in price attracts 50 new customers, find the price that yields maximum revenue. Find the maximum revenue.


Related Questions

The cost to attend a public university in a recent year is $16,241. The circle graph to
the right shows the percentage of that cost for tuition/fees, room, board, and
computer costs. Determine the cost, in dollars, for each category.
The cost of tuition and fees is $.
(Round to the nearest cent as needed.)
The cost of room is $.
(Round to the nearest cent as needed.)
The cost of board is $.
(Round to the nearest cent as needed.)
The computer costs are $
(Round to the nearest cent as needed.)
Cost to Attend a Public University
Tuition/Fees 36.9%
Room 31.5%
Board 24.9%
Computer costs 6.7%

Answers

Answer:

Tuition and Fees = $5,992.93

Room = $5,115.92

Board = $4,044.01

Computer Costs = $1,088.15

HELP PLS!!
Determine if this table represents a linear function

Answers

Answer: im pretty sure the answer is c

Step-by-step explanation:

if the answer is  not c im sorry but i hope this helps! Have a good day!

calculate the distance between two points a(-9,-10) and b(0,-10)

Answers

Answer:

The distance between two points on a 2D coordinate plane can be found using the following distance formula. d = √ (x2 - x1)2 + (y2 - y1)2. where (x 1, y 1) and (x 2, y 2) are the coordinates

Step-by-step explanation:

Abigail is studying for the school spelling bee. She already knows 150 words from the vocabulary list. Each day, she learns 50 additional words from the vocabulary list.

Which equation can be used to determine the total number of words Abigail knows from the vocabulary list, y, over x days?
A. y = 50x + 150
B. y = 50(x + 150)
C. y = 50x - 150
D. y = 150x + 50

Answers

The equation that can be used to determine the total number of words Abigail knows from the vocabulary list, y, over x days is A. y = 50x + 150

What is an equation?

An equation is the statement that illustrates that the variables given. In this case, two or more components are taken into consideration to describe the scenario.

In this case, Abigail already knows 150 words from the vocabulary list and each day, she learns 50 additional words from the vocabulary list.

Let x be the number of days.

y = vocabulary list

The equation will be:

y = 150 + 50x

Therefore, the correct option is A.

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The population of a city can be modeled using the formula P=100,000e^(0.05t), where t is the number of years after 2012 and P is the city's population. Which of the following equations can be used to find the number of years after 2012 that the population will triple to 300,000?
Group of answer choices
t=3/(0.05e)
t=ln3/0.05
t=(ln200,000)/0.05
t=log3/0.05

Answers

The equation that can be used to find the number of years after 2012 that the population will triple to 300,000 is option B  t = ln(3) / 0.05

Given,

The population of a city can be modeled using the formula P=100,000e^(0.05t)

t is the number of years after 2012

P is the population of the city

We have to find the equation that can be used to find the number of years after 2012 that the population will triple to 300,000.

Here,

Substitute 300000 in for P and solve for t

300000=100000e^0.05t

Divide both sides by 100000:

We get,

3 = e^0.05t

Multiply both sides by the natural log (ln)

Then,

ln(3) = 0.05t

Now, divide 0.05 on both sides to get t by its self

t = ln(3) / 0.05

Therefore,

The equation that can be used to find the number of years after 2012 that the population will triple to 300,000 is option B  t = ln(3) / 0.05

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Considering the following statements, what is X → Z? X → Y: If the sum of the interior angles of a shape is 180°, then it's a triangle. Y → Z: If a shape is a triangle, then it has three sides. Question 4 options: A) X → Z: If the sum of the interior angles of a shape is 180°, then it has three sides. B) X → Z: If a shape has three sides, then it's a triangle. C) X → Z: If a shape has three sides, then the sum of the interior angles of the shape is 180°. D) X → Z: If the sum of the interior angles of a shape isn't 180°, then it doesn't have three sides.

Answers

The correct statement that is a combination of both conditional statements is;  X → Z: If the sum of the interior angles of a shape is 180°, then it has three sides.

How to interpret conditional statements?

A triangle is defined as a three-sided polygon that consists of three edges and three vertices. The most important property of a triangle is that the sum of the internal angles of a triangle is equal to 180 degrees.

We are given the conditional statements as;

X → Y: If the sum of the interior angles of a shape is 180°, then it's a triangle.

Y → Z: If a shape is a triangle, then it has three sides.

Now, transitive property states that “if two quantities are equal to a third quantity, then we can say that all the quantities are equal to each other”.

Thus, applying transitive property to our given statements we can say that;  X → Z: If the sum of the interior angles of a shape is 180°, then it has three sides.

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Question
Find the rate if a principal of $1,100 earned $1,089 interest in 12
years.

Answers

Answer:

Step-by-step explanation:

Intrest = PRT\100

$1089. =. ($1100x12xR)\100

$1089. = 132R

 Divide through by 132.

R. =. 8.25%

There are 40 students in class. 12 like pink best, 4 like yellow and the rest blue. What fraction of the class likes blue?

Answers

Correct Answer:
3/5 of the class likes blue.

Explanation:
40 students in a class
12 like pink so there are
40 - 12 = 28 students
who like yellow or blue.

28 students who like yellow or blue
4 like yellow so there are
28 - 4 = 24 students
who like blue.

So that means 24/40 = 3/5 of the class likes blue.

I would appreciate it if you mark my answer as brainliest.

Find m<1, m<2 and m<3 86 degree 12 and 3

Answers

The angle measures are <1 = 86 degrees, <2 = 94 degrees and <3 = 86 degrees

How to determine the measure of each angle?

The possible diagram that completes the question is added as an attachment

From the attached diagram, we have the following representation

<1 + <2 = 180 degrees --- by the theorem of supplementary angles

Also, we have the following angle measure

Given that

<1 = 86 degrees

Substitute the known values in the above equation

So, we have the following equation

86 + <2 = 180

Evaluate the like terms

<2 = 94

Also, we have

<3 = <1  --- by the theorem of vertical angles

Substitute the known values in the above equation

<3 = 86

This is so because <1 = 86 degrees

Hence, the measures of the angles are <1 = 86 degrees, <2 = 94 degrees and <3 = 86 degrees

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i need someone to help me with my math test 24 questions please

Answers

Answer:

Add the picturess!!!!!

Step-by-step explanation:

a musician buys a guitar for $46 and a guitar amplifier. the guitar amplifier costs $1.54 more than$1.26 times the cost of the guitar. how much does the amplifier?

Answers

Answer:

$26.33

Step-by-step explanation:

The quotient of 8 and the cube of a number.

Answers

By using division, it is obtained that

The Quotient of 8 and cube of 2 is 1

What is division?

Division is the process by which value of single unit can be calculated from the value of multiple unit.

The number to be divided is known as dividend, the number by which the dividend is divided is the divisor, the result obtained is the quotient and the remaining part is the remainder.

There is a well known formula for division.

Divisor x Quotient + Remainder = Dividend.

Let the number be 2

cube of 2 = [tex]2^3 = 8[/tex]

Quotient of 8 and 8 = [tex]\frac{8}{8}[/tex] = 1

The Quotient of 8 and cube of 2 is 1

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Find two positive numbers whose difference is 20 and whose product is 429.

Answers

The work and steps are shown in the image.Can I get a Brainly pls

6. MJ is creating a graph of the equation
2x + 4y = -8. Which of the following points will
lie on the line?

a. (2,4)
b. (-2,-1)
c. (2, 1)
d. (4,4)

Answers

it would be b (-2,-1)

Identify the function shown in this graph. 3 17 3 2 12 1 1 2 3 4 5 A. y=-3x +3 B. y = -3x-3 PLEASE HELP ME ANSWER THIS I WILL GIVE 30 POINTS AND A BRAINLYEST​

Answers

Answer:

It's B. A good way to look at it is the last number. The last number is the y-intercept. Here the y-intercept is -3. That's how I would always figure it out.

I need answer asap thank you​

Answers

The measure of ∠QTS = 58°

Given; A triangle QPR

PQ = PR

this means that ∠ Q = ∠ R

and QR = QT this means ∠ R = ∠ T

And ST ║ QR

and QT is the transversal

From the above mentioned information we can conclude that

∠QTS = ∠TQR -------------- 1

Thus since ∠ Q = ∠ R  

by using angle sum property of triangle we can conclude that

∠ Q + ∠ R = 116  [ exterior angle sum property ]

2 ∠ Q = 116

∠ Q = 58°

this means ∠ TQR = 58°

And from 1 we know that this angle is equal to angle QTS

Thus ∠QTS = ∠TQR = 58°

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Which parabola will have one real solution with the line y=x-5?

Answers

The equation of the parabola that has one real solution with the line y = x - 5 is y = x² + 7·x + 4

What is the standard form of the equation of a parabola?

The standard form of the equation of a parabola is y = a·x² + b·x + c

The equation of the line is; y = x - 5

The parabola that has one real solution with the line is given by the parabola that is equal to both (x - 5) and the equation for the parabola;

Analyzing the quadratic equations of the parabolas with the equation y = x - 5, gives;

y = x² + x - 4 = x - 5

x² + x - 4 - x + 5 = 0

x² + 1 = 0

x² = -1

x = ±√(-1) (Complex solution)

y = x² + 2·x - 1 = x - 5

x² + x + 4 = 0

The discriminant, b² - 4·a·c is 1² - 4 × 1 × 4 = -15 < 0 (Complex solution)

x² + 6·x + 9 = x - 5

x² + 5·x + 14 = 0

The discriminant, b² - 4·a·c is 5² - 4 × 1 × 14 = -31 < 0 (Complex solution)

x² + 7·x + 4 = x - 5

x² + 6·x + 9 = 0

The discriminant, b² - 4·a·c is 6² - 4 × 1 × 9 = 0  One real solution;

The quadratic equation that gives one real solution with the equation y = x - 5 is therefore;

y = x² + 7·x + 4

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Solve the equation for y in terms of x
8x=1-3y
enclose numerator and denominators in parentheses

Answers

The value of y in the equation in term of x is y= (1-8x)/(3)

What are algebraic equations?

An algebraic equation can be defined as a mathematical statement in which two expressions are set equal to each other. The algebraic equation usually consists of a variable, coefficients and constants. For example, 8x = 1-3y is an algebraic equation with two variables x and y with coefficient 8 and 3 respectively and 1 is the constant.

The value of y can there be solved by firstly making 3y the subject of formula

3y= 1-8x

dividing both sides by 3

3y/3= (1-8x)/3

therefore y= (1-8x)/(3)

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Which of the following examples would be continuous data?
How many people are late boarding an airplane?



The amount of diapers a newborn uses in a day.



The number of television shows on Netflix.



The volume of liquid in a pop can.

Answers

The example that would be continuous data is A. The volume of liquid in a pop can.

What is a continuous data?

Continuous data is data that has no fixed value. Continuous data includes height, weight, temperature, and length. Some continuous data, such as a baby's weight in its first year or the temperature in a room throughout the day, will change over time.

Discrete data is a type of numerical data that consists of whole, concrete numbers that have specific and fixed data values determined by counting. Continuous data consists of complex numbers and varying data values measured over a specific time period.

In this case, the volume of the liquid is s continuous data.

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A ramp goes from a doorway of a building to the ground. The end of the ramp connected to the doorway is 1 foot above the ground. The distance along the ramp to the building is 5 feet. What is the angle of elevation of the ramp to the nearest degree?
A. 11°
B. 0°
C. 12°
D. 1°
please help?!

Answers

The angle of elevation of the ramp to doorway of a building to the ground is found as 11°.

What is described as the trigonometric functions?Simply put, trigonometric functions—also referred to as circular functions—are the functions of a triangle's angle. This means that these trig functions provide the relationship here between angles as well as sides of a triangle. Sine, cosine, tangent, cotangent, secant, and cosecant are the fundamental trigonometric functions.

The ramp is the hypotenuse of a right angle triangle formed by the doorway, the ground, and the ramp.

The ramp's elevation angle is the angle Ф it makes with the ground.

Apply the tan function;

Tan Ф = length of doorway/ distance along ramp of building

Tan Ф = 1/5

Ф = 11°

Thus, the angle of elevation of the ramp to doorway of a building to the ground is found as 11°.

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Customer account "numbers" for a certain company consists of 4 letters followed by 3 single-digit numbers. How many different account numbers are possible if repetitions of letters and digits are allowed?

Answers

If the number of different account numbers are possible if repetitions of letters and digits are allowed is:45,697,600,000.

How to determine the total possibilities?

Let assume you have 26 choices for each of the first 4 slots and 10 choices for each of the last 5 slots.

Hence,

Total possibilities = (26× 26× 26×26) × (10×10×10×10×10)

Total possibilities = 26^4 × 10^5

Total possibilities = 456976×100000

Total possibilities = 45,697,600,000

Therefore we can assume that the total possibilities is : 45,697,600,000.

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Find the y intercept and slope of the linear equation

0 = 4.5 - 2y + 4.8x

Answers

Let’s rearrange it first
Add 2y to both sides
2y=4.8x + 4.5
Divide both sides by 2
Y=4.8x/2 + 4.5/2 = 2.4x + 2.25
This is how linear equations are set up: y=mc + b where m refers to the alive and b refers to the y intercept
Therefore, the slope is 2.4 and the y-intercept is 2.25

2.1 & 2.2 Assessment: Vertex & Standard Form of Quadratic Functions

What is the equation, written in vertex form, of a parabola with a vertex of (1, -9) that
passes through the point (2, -7)?
Work to Support Your Answer (Required for Credit!)
The equation of the parabola, in vertex form is

Answers

[tex]~~~~~~\textit{vertical parabola vertex form} \\\\ y=a(x- h)^2+ k\qquad \begin{cases} \stackrel{vertex}{(h,k)}\\\\ \stackrel{"a"~is~negative}{op ens~\cap}\qquad \stackrel{"a"~is~positive}{op ens~\cup} \end{cases} \\\\[-0.35em] ~\dotfill[/tex]

[tex]\begin{cases} h=1\\ k=-9 \end{cases}\implies y=a(x-1)^2 - 9\qquad \textit{we also know that} \begin{cases} x=2\\ y=-7 \end{cases} \\\\\\ -7=a(2-1)^2-9\implies 2=a(1)^2\implies 2=a \\\\[-0.35em] ~\dotfill\\\\ ~\hfill {\Large \begin{array}{llll} y=2(x-1)^2 -9 \end{array}} ~\hfill[/tex]

A 150-pound person uses 5.6 calories per minute when walking at a speed of 4 mph. How long must a person walk at:
this speed to use at least 220 calories?
A person must walk for at least
(Round up to the nearest minute.)
minutes in order to use at least 220 calories.

Answers

The person must walk 2.61 miles to use 220 calories with speed of 4mph.

What is speed?

 The pace at which an object's position changes in any direction is known as its speed. The distance traveled relative to the time it took to travel that distance is how fast something is moving. Due to its lack of magnitude and only having a direction, speed is a scalar quantity.

Here, At 4 mph 5.6 calories are used in = 1 minute

So, at 4 mph, 220 calories are used in,

=> 220/5.6

=> 39.28 minutes

Hence, a person must walk for 39.28 minutes to burn 220 calories.

To find the distance a person should walk, when the speed is 4 miles per hour.

In 60 minutes a person is walking = 4 miles

So, in 39.28 minutes a person will walk = 4/60*39.28

= 2.61 miles

Therefore The person must walk 2.61 miles to use atleast 220 calories.

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How do I factor 250n2 + 20n8?

Answers

Step-by-step explanation:

[tex]250n^2+20n^8[/tex]

common factor is [tex]10n^2[/tex]:

[tex]10n^2(25 +2n^6)[/tex]

rearrange:

[tex]10n^2(2n^6+25)[/tex]

What is the x-intercept of the line with the equation 7x+4y=-28?

Answers

Answer x intercept is -4

Step by step

Substitute 0 for y and solve for x

7x + (4)(0) = -28

Divide both sides by 7 to solve for x

7/7 x = -28/7

x = -4
Answer: x=-4

Explanation: to find the X intercept you need to make y=0 which basically eliminates the 4y leaving you with 7x=-28 then you just divide both both sides by 7 which leaves you at x=-4

9x^7/3x^2=3x^9 true or false

Answers

Answer:

False

Step-by-step explanation:

using the rule of exponents

[tex]\frac{a^{m} }{a^{n} }[/tex] = [tex]a^{(m-n)}[/tex]

given

[tex]\frac{9x^7}{3x^2}[/tex]

= [tex]\frac{9}{3}[/tex] × [tex]\frac{x^7}{x^2}[/tex]

= 3 × [tex]x^{(7-2)}[/tex]

= 3[tex]x^{5}[/tex]

Help Please! Will give brainlest!

Answers

Answer:

[tex] = \frac{10}{0.2} = \frac{100}{2} = 50 \\ = \frac{10}{0.02} = \frac{1000}{2} = 500 \\ = \frac{10}{0.002} = \frac{10000}{2} = 5000 \\ \\ [/tex]

hopefully that will help u

What is the equation of the line that passes through the point (8, 2) and has a slope of -3/4

Answers

The equation of the line that passes through the point (8, 2) and has a slope of -3/4 is y = -3/4(x-8)+2.

In the given question we have to find the equation of line that passes through the point (8, 2) and has a slope of -3/4.

The given points are (8, 2).

The slope(m) = -3/4

The standard equation of slope intercept form is

y-y(1) = m(x-x(1))

From the question; x(1) = 8 and y(1) = 2.

Putting the value

y-2 = -3/4(x-8)

Add 2 on the both side, we get

y = -3/4(x-8)+2

Hence, the equation of the line that passes through the point (8, 2) and has a slope of -3/4 is y = -3/4(x-8)+2.

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Question 8 (1 point)
The selling price of a widget is $15 and the fixed cost per month is $4,800. The variable cost per widget is $9. Calculate the
contribution margin rate.
0000
b
C
d
Question 8 of 20 | Page 8 of 20
40%
60%
30%
50%

Answers

The contribution margin rate is 40%.

What is contribution margin rate?

A company's contribution margin rate is the total revenue minus variable costs divided by the revenue.

First we need to determine the contribution margin in order to calculate the contribution margin rate. There are two approaches to determine the contribution margin.

Contribution Margin = Net Sales Revenue – Variable CostContribution Margin = Fixed Costs + Net Income

Contribution Margin = $15 - $9 = $6

The contribution margin is $6.

Now we will calculate the contribution margin rate using this formula,

Contribution Margin Rate = Contribution Margin [tex]/[/tex] Sales Revenue

Contribution Margin Rate = $6 / $15

                                             = 0.4 * 100

                                             = 40%.

Hence the contribution margin rate is 40%.

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