After an analysis of a large number of small businesses with two to nine employees, it was determined that, in a certain market sector, the operating costs C, in thousands of dollars, could be modeled by the function(pic#2)...., where p is the number of employees working for the firm. On the other hand, the realized revenue, R, of a firm could be determined as a function of the operating costs C, where R=(pic#1)... R and C are expressed in thousands of dollars. a) Based on the analysis, what would be the operating costs for a business with three employees? b) What would be the revenue for a company with three employees? c) Determine the equation that would model the realized revenue, R, as a function
After an analysis of a large number of small businesses with two to nine employees, it was determined that, in a certain market sector, the operating costs C, in thousands of dollars, could be modeled by the function(pic#2)...., where p is the number of employees working for the firm. On the other hand, the realized revenue, R, of a firm could be determined as a function of the operating costs C, where R=(pic#1)... R and C are expressed in thousands of dollars. a) Based on the analysis, what would be the operating costs for a business with three employees? b) What would be the revenue for a company with three employees? c) Determine the equation that would model the realized revenue, R, as a function
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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After an analysis of a large number of small businesses with two to nine employees, it was determined that, in a certain market sector, the operating costs C, in thousands of dollars, could be modeled by the function(pic#2)...., where p is the number of employees working for the firm. On the other hand, the realized revenue, R, of a firm could be determined as a function of the operating costs C, where R=(pic#1)... R and C are expressed in thousands of dollars.
a) Based on the analysis, what would be the operating costs for a business with three employees?
b) What would be the revenue for a company with three employees?
c) Determine the equation that would model the realized revenue, R, as a function of the number of employees.
Transcribed Image Text:entreprises comptant de
marché, les coûts d'opérati
C = 1,2p+0,8p², où
art, on a pu déterminer qu
des coûts d'opération C, o
pération pour une entrepri:
Transcribed Image Text:o représente le nor
e les recettes réali
à R = √√2,50¹,5
se comptant
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