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Simplify: 2x/3 - 3x/4
a. 6x2/12
b. x/12
c. -x/12
d. -x
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- Tennis Products, Inc., produces three models of high-quality tennis rackets. The following table contains recent information on the sales, costs, and profitability of the three models: MODEL AVERAGEQUANTITYSOLD (UNITS/MONTH) CURRENTPRICE TOTALREVENUE VARIABLECOST PERUNIT CONTRIBUTIONMARGIN PERUNIT CONTRIBUTIONMARGIN* A B C Total 15,000 5,000 10,000 $30 35 45 $450,000 175,000 450,000 $1,075,000 $15.00 18.00 20.00 $15 17 25 $225,000 85,000 250,000 $560,000 *Contribution to fixed costs and profits.The company is considering lowering the price of Model A to $27 in an effort to increase the number of units sold. Based on the results of price changes that have been instituted in the past, Tennis Products’ chief economist estimates the arc price elasticity of demand to be –2.5. Furthermore, she estimates the arc cross elasticity of demand between Model A and Model B to be approximately 0.5 and between Model A and Model C to be approximately 0.2. Variable costs…Determine the revenue per year and revenue over the lifetime of the customer Number of smart devices over first half of life Number of smart devices over second half of life Average $ transaction per device $ monthly subscription paid - monthly total Average annual revenue -first half of life Average annual revenue -second half of life Average life of subscribed customer Revenue over lifetime Minimally Satisfied 2 1 $79 $9.99 2 years Moderately Satisfied 4 2 $85 $19.99 5 years Highly Satisfied 6 3 $79 $19.99 7 years4. Anentrepreneurintends to sell his product for 6.4$ each. The daily cost or expenses can be expressed as x+9.1+.11x^2, wherexis the no. of product sold daily. Find the no. of products that will maximize the profit per day.
- Find Lim x4-2x³ x+0x5 +5x² A 00 0 C. Select one: Oc B. -4 D. 0Rate My X Amazon. X G the solov X unc.edu/portal/site/8eaf91f5-c677-433e-8847-bd959eb5d0f9/tool/4a551cdb-9548-4116-aac8-ae76c145bc59/Showltem?returnView=&studentlteml. INA 155 Time Remaining: 00:24:09 A Hide Time Remaining A The table shows the maximum amount that 6 different students are willing to pay for a used textbook. Assume each student only buys one book. If the market price of a used textbook is $68, what is the value of consumer surplus in this market? Buyer Value $75 $50 Breanne Nesreen Shreeva $60 $90 Peyton Will $85 $70 Kayla A. between $35 and $40 O B. less than $30 O C. between $30 and $35 O D. more than $40 Reset Selection Show all HE SL.mp3 8:49 AM ch for anything 5/13/2021Q VC AVC TC ATC MC $0 $0 $30 $0 $0 1 $40 $40 $70 $70 $40 2 $100 $50 $130 $65 $60 3 $180 $60 $210 $70 $80 4 $330 $82.5 $360 $90 $150 If the firm can sell its product for $60, it will not sell 2 units and incur losses of $10 sell 1 unit and incur losses of $10 а. b. continue to operate in hopes the market price increases shut down and incur losses of $30 с. d.
- Define the following: i) Simple interest. ii) Breakeven point. iii) Ordinary annuity. b) When the price of a commodity is Sh. 530 the unit demand is 55 units. The demand is 120 units when the price is Sh. 270. If the cost of production is C = 2q + 150, Calculate the profit when 5 units are produced and sold. c) The present value of an annuity due is Sh. 284,000 after 4 years at a discount rate of 10%. Calculate the annual payment. d) A man deposits Sh. 12,000 in a bank at the beginning of each year. The compound interest is 12% per year. Calculate how long it will take for an accumulated amount of Sh. 95,000.Given f (x, y) - 4x? + 6xy – 5y² df(x,y) What is dxAmong the principal exports of the United States are agricultural products. True or False D True Z S False E D Q Search R < Prev 5 44 of 50 PRE G Ø Next > B Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.