A company is increasing production at the rate of 25 units per day. The daily demand inciting is determined by the fact that the price in dollars is a linear function of q. At a price of $70, the demand is 0. And 100 items will be demanded at a price of $60. Find the rate of change of revenue with respect to time (in days) when the daily production (and sales) is 20 items.

Q: In 1983, the bison population in Yellowstone National Park was estimated to be only 50 animals…

A:

Q: 9. Starbucks noticed that when they charged $2.50 for a cup of coffee, they sold 230,000 Ibs of…

A: Given                  C(x) = Coffee (in pounds ) sold.                       x = price per cup And…

Q: A small appliance manufacturer finds that his production costs is $1500 per month plus $6 for each…

A: A small appliance manufacturer finds that his production costs is $1500 per month plus $6 for each…

Q: billy-sean o'hagan notices that the demand for the college newspaper was 2,000 copies each week when…

A: Given The demand for the college newspaper was 2,000 copies each week when the paper was given free…

Q: The weekly demand for cortisone cream at a major drug store chain in Spokane is 135 units at a price…

A: Introduction: When the dependent variable changes with the independent variable linearly, the…

Q: The owner of a grocery store finds that she can sell 1634 galons of mik each week at $1.61 per galon…

A: Given,She can sell 1634 gallons of milk each week at $ 1.61 per gallon , and1754 gallons of milk…

Q: The growth rate of the speed of sound in relation to the temperature in degrees Fahrenheit is a…

A: Let t be the temperature in degrees Fahrenheit, and yt be the speed of sound. First find the linear…

Q: Tom is driving to Seattle. Suppose that the distance to his destination (in miles) is a linear…

A: Given: Tom has 54 miles to his destination after 49 minutes of driving, and he has 33.2 miles to his…

Q: Each month, a salesman earns a base salary of $621.00 plus 5% commission on sales. Use C for total…

A: Total monthly compensation is C in dollars. Total monthly sales is S in dollars. Consider the part…

Q: The price of a new item is $800. After 4 years, the price increased to $1200. Assume the price…

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Q: The percent of births to teenage mothers that are out-of-wedlock can be approximated by a linear…

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Contingency Table

A contingency table can be defined as the visual representation of the relationship between two or more categorical variables that can be evaluated and registered. It is a categorical version of the scatterplot, which is used to investigate the linear relationship between two variables. A contingency table is indeed a type of frequency distribution table that displays two variables at the same time.

Binomial Distribution

Binomial is an algebraic expression of the sum or the difference of two terms. Before knowing about binomial distribution, we must know about the binomial theorem.