costs a basic £180 a unit but if an order is made for more than 10 units this price is reduced by a discount of £2 for every one unit increase in the size of an order (up to a maximum of 60 units purchased), i.e. if the order size is 11, price is £178; if it is 12, price is £176 etc. Write an expression for the total cost of an order in terms of order size and simplify it. Assume order size is between 10 and 60 units.
costs a basic £180 a unit but if an order is made for more than 10 units this price is reduced by a discount of £2 for every one unit increase in the size of an order (up to a maximum of 60 units purchased), i.e. if the order size is 11, price is £178; if it is 12, price is £176 etc. Write an expression for the total cost of an order in terms of order size and simplify it. Assume order size is between 10 and 60 units.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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A good costs a basic £180 a unit but if an order is made for more than 10 units this price is reduced by a discount of £2 for every one unit increase in the size of an order (up to a maximum of 60 units purchased), i.e. if the order size is 11, price is £178; if it is 12, price is £176 etc. Write an expression for the total cost of an order in terms of order size and simplify it. Assume order size is between 10 and 60 units.
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