A flower store stocks three kinds of flowers: lillies, roses, and carnations. The lilies cost 0.4 dollars to growand sell for 2.4 dollars. The roses cost 0.2 dollars to grow and sell for 6.2 dollars. The carnations cost 0.6dollars to grow and sell for 7.6 dollars. After conducting studies of customer demand, the store hasdetermined they should stock 3 times as many roses as carnations. If they have a budget of 526.8 dollarsfor growing flowers, and they need to take in 8651.8 dollars of revenue, how many lilies, roses, andcarnations should they grow?Lillies:Roses:Carnations:

Let x be the number of lillies.Let y be the number of roses.Let z be the number of carnations.

Answered: A flower store stocks three kinds of…

Calculus: Early Transcendentals

8th Edition

ISBN:9781285741550

Author:James Stewart

Publisher:James Stewart

Chapter1: Functions And Models

Section: Chapter Questions

Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...

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Express all answers as decimals rounded to 3 decimal places, if needed. Express percentages as decimals (instead of 25.6%, use .256) Cell phone users in Boise can choose between three carriers: Sprint, AT&T, and Verizon. Advertising by all three companies results in a continual shift of customers. Each year, Sprint loses 30% of customers to AT&T and 30% to Verizon. AT&T loses 20% to Sprint and 10% to Verizon. Verizon loses 25% to Sprint and 25% to AT&T. Currently, Sprint has 25% of the market, AT&T has 35%, and Verizon has 40%. Use the order Sprint (S), AT&T (A), Verizon (V) throughout this assignment. 1. State the probability vector: 2. Create the transition matrix, labeling rows and columns, and draw the transition diagram. Create your matrix with the rows ordered S, A, and V, and columns ordered S, A, and V. 3. Assume that for 5 years this trend continues. State the transition matrix after 5 years. 4. What is the market share for each company after 5 years? Sprint: AT&T: Verizon: 5.…
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