It was a bumper crop for hominy this year, and The Hominy Man hoped to set a price for a case that can maximize profit. The annual fixed cost for the hominy harvesting and other equipment is $200 and the variable cost per case is $20. The price (p) is related to demand (v) according to the following equation: v = 800 - 16p. To maximize the profit, the optimal price of a case should be_____. The maximized profit is_____.

Answers

Answer 1

Answer:

optimal price = $35

Maximum profit = $3400

Step-by-step explanation:

We are given;

The annual fixed cost for the hominy harvesting and other equipment = $200

The variable cost per case = $20

Since demand is given as v, thus total variable cost = 20v

Thus;

Overall total cost = fixed cost + total variable cost = 200 + 20v

We are given relationship between p and v as;

v = 800 - 16p

Making p the subject gives;

p = (800 - v)/16

Now, total revenue is given by;

Total Revenue = vp

Thus;

Total revenue = v[(800 - v)/16] = 50v - v²/16

Now, profit will be;

Profit(P) = Total revenue - total cost

P = (50v - v²/16) - (200 + 20v)

P = 50v - (v²/16) - 200 - 20v

P = 30v - (v²/16) - 200

Maximum profit will be at dP/dv = 0

Thus;

dP/dv = 30 - (v/8)

At dP/dv = 0

30 - (v/8) = 0

v/8 = 30

v = 30 × 8

v = 240

Optimal price will be gotten by putting 240 for v in the price equation which is p = (800 - v)/16.

Thus;

p = (800 - 240)/16

p = 560/16

p = $35

So, optimal price = $35

Maximum profit will be at v = 240.so let's plug in 240 for v into the profit equation.

Thus;

P = 30(240) - (240²/16) - 200

P = 3400

Maximum profit = $3400


Related Questions

How does 5x/4 -2=3x/2-4 simplify to -5/2

Answers

Answer: No
X = 8
Step by step:
Add two to both sides
5x/4 = 3x/2 - 2
Now multiply 4 with both sides
5x = 6x - 8
Take the 5x to the other side
0= 6x -5x -8
0= x - 8
X = 8

when nicky tried to solve an equation using properties of equality, she ended up with the equation -3=-3. what equation mioght she have tried to solve? what is the solution of the equation?

Answers

Answer: -3 + 4*x^2 = - 3 + (2*x)^2

Any value of x is a solution for this eqution.

Step-by-step explanation:

She ended with -3 = -3

This is trivial, if we had an equation with one variable, something like:

f(x) = equation.

Ending with something like -3 = -3 means that we do not have any restriction with respect to x, so x could take any value.

This will happen if the terms with x in the left side are exactly the same as the terms in the right side, for exampe:

-3 + 4*x^2 = -3 + 4*x^2

In that case, we can substrrat 4*x^2 in both sides, and we will end with:

-3 = -3

This means that the solution for this equation is any value of x.

We also could rewrite this as:

-3 + 4*x^2 = - 3 + (2*x)^2

So the terms look different, but the terms are exactly the same for any value of x.

The owner of a health club decides to reduce the $35 membership fee by five dollars what is the approximate percent decrease in the fee

Answers

Answer:

14%

Step-by-step explanation:

5/35 = About 0.14

it's c

have a nice day mark me brainlist!

Which statement best represents the equation below?
10+(-10)=0

1. A dog runs 10 feet to the left and then runs another 10 feet to the left .

2. A car goes 10 feet and then reversed 10 feet .

3. A bottle contained 10 litters of juice after 10 liters spilled on the floor .

4. A girl earns $10 in 10 hours .

Answers ASAP!!!!!

Answers

Answer:

the answer is 2 because the car goes forward 10 feet then it goes back to the same amount which puts it at its start

Plezzzzzwzzzzzzzz help

Answers

Answer:

[tex] 3 - a [/tex]

Step-by-step explanation:

Given that when you add two numbers together the result is 3.

The greater of the number is given as a.

Let "x" represent that lesser number.

Thus:

[tex] a + x = 3 [/tex]

To make x the subject of the formula. Subtract a from both x.

[tex] a + x - a = 3 - a [/tex]

[tex] x = 3 - a [/tex]

Therefore, the expression that represents the lesser number, x, is:

[tex] 3 - a [/tex]

101
question
3. Which of the following is the representation of a decimal number?
O A. 25
O B. 23
C. 33/10
D. 1/2
Mark for review (Will be highlighted on the review page)

Answers

Answer:

D. 1/2

Step-by-step explanation:

1/2 = 0.5

1/2 it´s a representation of a decimal number.

evaluate f(-3) if f(x) = 5x^3+2x^2-4x+1

Answers

Answer:

-3326

Step-by-step explanation:

replaces the x's with -3

so (5(-3))^3 + (2(-3))^2 -4(-3)+1 = -3326

Twelve of the 28 students in a class have a dog. What is the ratio of students who have a dog to students who do not?

Answers

Answer:

28/12

Step-by-step explanation:

Triangle UVW is formed by the three squares G, H, and I:

A right triangle UVW is shown. On the side UV of this triangle is a square. Inside the square is written Square G, Area equal to 81 square units. On the side VW of this triangle is another square. Inside the square is written Square H, Area equal to 144 square units. On the side UW of this triangle is another square. Inside the square is written Square I, Area equal to 225 square units.

Which statement best explains the relationship between the sides of triangle UVW?

UV + VW = UW, because 81 + 144 = 225
(UV)2 + (VW)2 = (UW)2, because 152 + 92 = 122
(UV)2 + (VW)2 = (UW)2, because 81 + 144 = 225
UV + VW = UW, because 152 + 92 = 122

Answers

Answer:

The correct answer would be C- (UV)2 + (VW)2 = (UW)2, because 81 + 144 = 225

-Thank you

Answer:

C. (UV)2 + (VW)2 = (UW)2, because 81 + 144 = 225

Step-by-step explanation:

81 + 114 = 225

225 = 225

100% correct I took the test today and got 100%. :)

can i plz have brainliest

by what percent should jack increase the number x to get 9/4*x

Answers

Answer:

125%

Step-by-step explanation:

x --> 9/4 x.

x and x cancels out so we have to find out what percent 9/4 is. 9/4= 2 1/4 = 225%.

since we first started from 100%, 225%-100%=125% Hope this helped :)

Answer:

125% percent

Step-by-step explanation:

x --> 9/4 x.

x and x cancels out so we have to find out what percent 9/4 is. 9/4= 2 1/4 = 225%.

since we first started from 100%, 225%-100%=125% Hope this helped :)

Given the polynomial 5x3 + 4x2 - 6x + 2, which coefficient is considered the "Q" value?

Answers

Answer:

The q value coefficient is 5

Step-by-step explanation:

The q value are all positive and negative factors of the first coefficient (5)

The p value are all positive and negative factors  of the last coefficient (2)

Evaluate (1 2/3)^3. A. 3 8/27 B. 4 8/27 C. 4 4/9 D. 4 17/27

Answers

Answer:

D. 4 17/27

Step-by-step explanation:

(1 2/3)^3 = (1 + 2/3)^3 = (3/3 + 2/3)^3 = (5/3)^3 = (5 * 5 * 5)/(3 * 3 * 3) = 125/27 = 108/27 + 17/27 = 4 17/27

Answer:

D

Step-by-step explanation:

[tex](1\frac{2}{3})^3\\\\(1+\frac{2}{3})^3\\\\(\frac{3}{3}+\frac{2}{3})^3\\\\(\frac{5}{3})^3\\\\\frac{5^3}{3^3}\\\\\frac{125}{27}\\\\\frac{(27*4)+17}{27}\\\\4\frac{17}{27}[/tex]

Two linear functions are combined with addition, and then the same two linear functions are combined by
multiplication.
Which functions could be the result of the combinations? Select two options.
16x - 12
17x - 12
72x2 - 96x
72x2 – 108x
72x2 - 204x + 144

Answers

72 x 2 is. 64 and 144 is 108

An airport limo service charges riders a fixed charge of $15 plus
$4.00 per mile. How many miles must a rider go to have an
average cost per mile of $4.60?

Answers

Given:

An airport limo service charges riders a fixed charge of $15 plus  $4.00 per mile.

To find:

Distance in miles must a rider go to have an  average cost per mile of $4.60.

Solution:

Let x be the number of miles the rider travel.

Total charges = Fixed charges + Variable charges

According to the question,

Fixed charges = $15

Variable charges = $4x

So,  total charges

[tex]T=15+4x[/tex]

Divide the total charges by number of miles to get the cost per mile.

[tex]\text{Cost per mile}=\dfrac{15+4x}{x}[/tex]

Average cost per mile is $4.60.

[tex]4.60=\dfrac{15+4x}{x}[/tex]

[tex]4.60x=15+4x[/tex]

[tex]4.60x-4x=15[/tex]

[tex]0.60x=15[/tex]

Divide both sides by 0.60.

[tex]x=\dfrac{15}{0.60}[/tex]

[tex]x=25[/tex]

Therefore, the required number of miles is 25.

find the differential coefficient of y=5×​

Answers

[tex]\huge\mathbb\purple{AnSwEr}[/tex]

[tex]\huge❤\bold\red{Hello}❤[/tex]

Hey mate 5 is your Answer

[tex]My \: pleasure \: to \: help \: you \: anytime.[/tex]

[tex]Mark \: me \: as \: brainliest .[/tex]

[tex] \huge \mathscr \pink \star\underline {Follow \: me } \red \star[/tex]

Drag the phrases into the box to match each expression. 4x – 5 4 (x – 5) 4 ( x + 5) 5 less than the sum of 4 and a number 5 less than the product of 4 and a number the product of 4 and the difference of a number and 5 4 more than the sum of a number and 5 5 more than the product of 4 and a number the product of 4 and the sum of a number and 5 4 more than 5 less than a number

Answers

Answer:

4x – 5

4 (x – 5)

4 ( x + 5)

5 less than the sum of 4 and a number

5 less than the product of 4 and a number

the product of 4 and the difference of a number and 5

4 more than the sum of a number and 5

5 more than the product of 4 and a number

the product of 4 and the sum of a number and 5

4 more than 5 less than a number

The USDA conducted tests for salmonella in produce grown in California. In an independent sample of 252 cultures obtained from water used to irrigate the region, 18 tested positive for salmonella. In an independent sample of 476 cultures obtained from the region’s wildlife (e.g., birds), 20 tested positive for salmonella. Is this sufficient evidence for the USDA to conclude that the proportion of salmonella in the region’s water differs from the proportion of salmonella in the region’s wildlife? Assume the significance level of 0.01.

Answers

Answer:

 The decision rule is  

Fail to reject the null hypothesis

  The conclusion is  

There no sufficient evidence to show that the proportion of salmonella in the region’s water differs from the proportion of salmonella in the region’s wildlife

Step-by-step explanation:

From the question we are told that

   The first  sample size is [tex]n_1 = 252[/tex]

    The number that tested positive is  [tex]k_1 = 18[/tex]

     The second sample size is  [tex]n_2 = 476[/tex]

     The number that  tested positive is  [tex]k_2 = 20[/tex]

     The level of significance is  [tex]\alpha = 0.01[/tex]

Generally the first sample proportion is mathematically represented as

      [tex]\^ p _1 = \frac{k_1 }{ n_1 }[/tex]

=>    [tex]\^ p _1 = \frac{18 }{ 252 }[/tex]

=>    [tex]\^ p _1 = 0.071[/tex]

Generally the second sample proportion is mathematically represented as

      [tex]\^ p _2 = \frac{k_2 }{ n_2 }[/tex]

=>    [tex]\^ p _2 = \frac{20 }{ 476}[/tex]

=>    [tex]\^ p _2 = 0.042[/tex]

The  null hypothesis is            [tex]H_o : p_1 - p_2 = 0[/tex]

The alternative hypothesis is  [tex]H_a : p_1 - p_2 \ne 0[/tex]

Generally the test statistics is mathematically represented

       [tex]z = \frac{ \^ p_1 - \^ p_2 - ( p_ 1 - p_2 )}{ \sqrt{\frac{\^ p_1 (1-\^ p_1)}{ n_1 } + \frac{\^ p_2 (1-\^ p_2)}{ n_2 } } }[/tex]

=>    [tex]z = \frac{ 0.071 - 0.042 - 0 }{ \sqrt{\frac{0.071 (1-0.071)}{ 252 } + \frac{0.042 (1-\^ 0.042)}{ 476 } } }[/tex]

=>    [tex]z = 1.56[/tex]

From the z table  the area under the normal curve to the right corresponding to  1.56   is  

        [tex]P(Z > 1.56 ) =0.05938[/tex]

Generally the p-value is mathematically represented as

         [tex]p-value = 2 * P(Z > 1.56 )[/tex]

=>      [tex]p-value = 2 * 0.05938[/tex]

=>      [tex]p-value = 0.1188[/tex]

From the value obtained we see that   [tex]p-value > \alpha[/tex] hence

  The decision rule is  

Fail to reject the null hypothesis

  The conclusion is  

There no sufficient evidence to show that the proportion of salmonella in the region’s water differs from the proportion of salmonella in the region’s wildlife

 

10. You can model the population of a Florida town between the years 1980 and 2015 by
the function f(x) = 90,000(x – 1960), where x is the year. In what year did the town have a
population of 450,000?

Answers

Answer is the year of 1965

Find the missing side

Answers

Answer:

I believe the answer is 48

Step-by-step explanation:

Subtract 30 from 78 to get your answer.

Suppose your normal body temperature is 98 3/5degrees Fahrenheit. If your body temperature goes up 3 1/5 degrees on Monday and then down 2 1/5 degrees on Tuesday, what is your temperature on Tuesday?

Answers

This is your perfect answer

Ruben is touring New York City with his family. They want to visit the Empire State Building, Central Park, and Times Square before their dinner reservations at 8:00 P.M. They want to spend 1 hour and 30 minutes at the Empire State Building, 3 hours in Central Park, and 45 minutes in Times Square. What is the latest time Ruben's family can start their tour in order to make it to dinner on time?

Include A.M. or P.M. in your answer Please help ASAP!!!

Answers

Answer: 2:45 pm

Step-by-step explanation:

Find the length of the tour;

90 minutes at Empire State

180 minutes in Central Park

45 minutes in Times Square

= 90 + 180 + 45

= 315 minutes

= 5.25 hours

= 5 hours 15 minutes

Dinner Reservation is at 8.

Latest time they can start is;

= 8 - 5.25 hours

= 2.75

= 2 hours 45 minutes

= 2:45 pm

HELP it would be greatly appreciated!

Answers

Answer:

The answer would be (D 70 degrees

Step-by-step explanation:

Each triangle is 180 degrees. 180 - 40 equals 140. 140 divided by two equals 70.

Hope this helps ^^✨

Answer:

D: 70°

Step-by-step explanation:

Angles A and B are going to be the same, and the interior angles of a triangle must equal 180°, so D is the correct answer

70 + 70 + 40 = 180

Help Please, im stuck on this question.

Answers

Answer:

irrational

Step-by-step explanation:

3/4 + sqrt(2)

3/4 is rational

sqrt(2) is irrational

The sum of a rational and an irrational number is irrational

Amine passes through the points (710) and (7, 20). Which statement is true about the line?
It has a slope of zero because it in the formula -
is zero, and the numerator of a fraction cannot
It has a slope of zero because in the formula -
is zero, and the denominator of a fraction
cannot be zero
It has no slope because yn dy in the formula
is zero, and the numerator of a fraction cannot be
it has no slope because ty - to in the formula m-
is zero, and the denominator of a fraction cannot be
zero

Answers

Answer: Choice D)

No slope, the term x2-x1 is zero and we cannot have zero in the denominator.

=========================================

Explanation:

The two points both have x coordinates x = 7. Since both x coordinates are the same, they subtract to 0. Recall that something like 1/0 is undefined, so we cannot have 0 in the denominator.

The line through (7,10) and (7,20) is a vertical line. All vertical lines have undefined slopes.

a student finished 8 of her homework problems in class if the ratio problem she finished her problem she has left with 4:1 how many homework problems did she have total ​

Answers

Step-by-step explanation:

b HD hks Gojng umd book is Rio hz Wii

I need help finding an eqaution for this. Thank you in advanced

Answers

Answer:

Formula: [tex]c=\frac{sale\ price\ of\ 7}{7}+\$0.75[/tex]

Normal Price: [tex]\$1.15[/tex]

Step-by-step explanation:

First, you have to find the current price of one cookie.

Since 7 cookies cost $2.80, then the price for one sale price cookie would cost

Then you would have to add the $0.75 to the sale price to get the normal price.

[tex]\$0.4\ +\ \$0.75=\$1.15[/tex]

The normal price of a cookie would be $1.15.

The formula to get that answer would be:

[tex]c=\frac{sale\ price\ of\ 7}{7}+\$0.75[/tex]

Hope this helps!

What is 1 15/16 divede by 7/8 in fraction form

Answers

Answer:

2 13/16

Step-by-step explanation:

1 15

16

+

7

8

=  (1 + 0) + (

15

16

+

7

8

)

=  1 +

15

16

+

7 × 2

8 × 2

=  1 +

15

16

+

14

16

=  1 +

15 + 14

16

=  1 +

29

16

=  1 +

1 13

16

=  

2 13

16

The scale of a map says that 6 cm represents 15 km.
What is the number of kilometers that is represented by 15 cm on the map?

Answers

37.5 km is equal to 15 cm

Which of the following expressions is equivalent to the expression 42+90?


A. 6(7+14)

B.6(7+15)

C.7(6+12)

D.6(36+84)

Answers

Answer:

B

Step-by-step explanation:

6(7+15)

= 6(7) + 6(15)

= 42 + 90

:D it helps!

Enter the number that belongs in the green box cd=

Answers

57 because it is right n mark ne brain list please

Answer:

9

Step-by-step explanation:

I think 9 since there’s a right angle, so there’s an assumed right angle on the other side of the line. 9 is the hypotenuse when AB is 3 so I think CD would also be 9 since BC is 3 as well.

Other Questions
Which organ system supplies the body with oxygen? * Anthony has 15 coins, all of which are quarters and dimes. In all, they're worth $3.60. How many of each kind of coin does Anthony have? As a horse finishes its trot around the corral, it slows from 4m/s to a stop in 3seconds. Calculate the acceleration of the horse. what did these people invent? i forgot... WILL GIVE BRAINLETS AND THANKS AND RATINGS AND THANKS TO UR ACCT AND WHATEVER1. Eli Whitney2. James Watt3. Robert Fulton4. Samuel F. B. Morse5. Peter Cooper At dusk there's a thin haze like ciggarette smoke/ribbons.what technique is being used? How is anorexia different from bulimia? What are some character traits of tidbit? Please help!!Use the given vectors to find the indicated quantities.u =(5, - 2), v =(0, 1), w =(-1, -3)(a) (u v)w (b) 5u V What did the Battles of Lexington and Concord prove about the colonists?They proved that the colonists did not believe that they could defeat theredcoats.They proved that the colonists were not unified when it came to fighting for FreedomThey proved that the colonists did not have good leadership.The proved that the colonists were willing to fight and die for the cause of liberty Which of the following pair of codons both code for serine? aACA and AUC bUCG and GCU cGCC and UGG dAGC and UCC Saffron Industries most recent balance sheet reports total assets of $42,000,000, total liabilities of $16,000,000 and stockholders' equity of $26,000,000. Management is considering using $3,000,000 of excess cash to prepay $3,000,000 of outstanding bonds. What effect, if any, would prepaying the bonds have on the company's debt-to-equity ratio A car is traveling at a steady speed. It travels 1 3/4 miles in 2 1/3 minutes. How far will it travel in ? In 1 hour? Can we trust in Avast Antivirus ? Clare mixes2 1/2cups of water with1/3cup of orange juice concentrate.How much water would she use for one cup of concentrate? (use a decimal)How much water would she use for 10 cups of concentrate? (use a decimal) 1. What is 4 to the power of 2 ?2. What is 2 to the power of 4 ? 3. What is 8 to the power of 2 ?4. What is 2 to the power of 8 ? What was the columbian exchange? Both Canada and the United States have __________ economies.A.commandB.developingC.marketD.mixedPlease help me!! I have 25 minutes left on my quiz!! I'll mark brainliest! GIVING 15 POINTS!! Can someone please explain how to do this?Im stuck and I need your help :( GIVEING BRAINLIST TROLL ANSWERS GET REPORTED Don't worry about making a vid 100 POINTS IF U DONT KNOW DONT ANSWER UNIT 2LabEach lab includes instructions or questions requiring the use of the internet to complete the task. Please use complete sentences and appropriate headings where applicable. If included, refer to the rubric below to see how you will be graded. Note that links open a new browser window.Submit your work as a file attachment using the dropbox tool.This lab is worth 10 points.UNIT 2 LABChemistry MattersSubjects that we learn in school can lead us down all kinds of different career pathways. In these three cases, watch how an interest in chemistry helped some people find the perfect career. Note how each of these chemistry enthusiasts ended up in different career clusters.Career Connections: Food ScientistCareer Connections: Chemical EngineerCareer Connections: ChemistNow imagine that you are a reporter. Your local high school has decided to do away with chemistry class because no one seems to want to take it. You have been asked to do a five-minute news segment on the ways that keeping the chemistry class can positively impact the community. To prepare for the segment, watch the above videos and consult the Bureau of Labor Statistics Occupational Outlook Handbook.In your video, answer the following questions:How did chemistry prepare each of these people for their career?What opportunities was each person able to take advantage of as a result of their background in chemistry?What is the career outlook for each of these careers?How you get into the field (Hint: See the How to become section of the Occupational Outlook Handbook)Typical pay (Hint: See the Pay section of the Occupational Outlook Handbook)How fast this career is expected to grow (Hint: See the Job Outlook section of the Occupational Outlook Handbook)How does each persons work benefit the community? (This will help people understand the importance of offering chemistry to those who are still in school.)Its up to you to convince your viewers that chemistry can be useful in planning their career paths! Create and upload a five-minute video of your news segment.TABLE Grading RubricVideo Mechanics Video ContentFull CreditStudent has submitted a video that is clear and five minutes long.Student has discussed all three careers and answered all four questions.Partial CreditStudent has submitted a video that is unclear OR that is less than five minutes long.Student has discussed one or two of the careers OR student has not adequately answered all four questions for each career.Little CreditStudent has not submitted a video OR students video is unclear.Student has not discussed the three careers OR student has not answered the questions.? Pleaseeeee help me anyone !!!!!!!!!!!! Will mark Brianliest answer correctly