Samsung′s total revenue curve is R(q) = 126q + 40q2and its average cost isA(q) = q2 + 12q − 1233 −6930/q.a. State the name of the function derived when the average cost, A(q), andSamsung’s quantity, q, are multiplied.
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Samsung′
s total revenue curve is R(q) = 126q + 40q2
and its average cost is
A(q) = q2 + 12q − 1233 −6930/q
.
a. State the name of the function derived when the average cost, A(q), and
Samsung’s quantity, q, are multiplied.
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- House price y is estimated as a function of the square footage of a house x and a dummy variable d that equals 1 if the house has ocean views. The estimated house price, measured in $1,000s, is given by yˆy^ = 119.60 + 0.14x + 54.80d. b-1 Compute the predicted price (in $1,000s) of a house without ocean views and square footage of 1,600. (Do not round intermediate calculations. Round your final answer to 2 decimal places.) predicted price= b-2. Compute the predicted price (in $1,000s) of a house without ocean views and square footage of 3,200. predicted price=The value of a car decreases each year. The rate at which the value decreases is called depreciation and is a represented by a percentage. For Alina buys a car for $25,000, and the depreciation rate is 25%. That means that her car’s value goes down by 25% each year. The value can be represented by the function V(y)=25000(0.75)^v, where V represents the value of her car and y represents the number of years that she owns a car. Find the depreciated value of her car if she keeps it for 5 years. In other words, evaluate: V(5)=25000(0.75)^5, rounding to the proper decimal place for money.House price y is estimated as a function of the square footage of a house x and a dummy variable d that equals 1 if the house has ocean views. The estimated house price, measured in $1,000s, is given by yˆy^ = 118.90 + 0.12x + 52.60d. a-1. Compute the predicted price (in $1,000s) of a house with ocean views and square footage of 2,000. (Do not round intermediate calculations. Round your final answer to 2 decimal places.) a-2. Compute the predicted price (in $1,000s) of a house with ocean views and square footage of 3,000. (Do not round intermediate calculations. Round your final answer to 2 decimal places.) b-1. Compute the predicted price (in $1,000s) of a house without ocean views and square footage of 2,000. (Do not round intermediate calculations. Round your final answer to 2 decimal places.) b-2. Compute the predicted price (in $1,000s) of a house without ocean views and square footage of 3,000. (Do not round intermediate calculations. Round your final answer to 2…
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