When a management training company prices its seminar on management techniques at$400 per person, 1,000 people will attend the seminar. The company estimates that for each$5 reduction in price, an additional 20 people will attend the seminar.Let x represent the number of $5 reductions. We need to maximize[Select]times the number of seminar tickets sold.which is the price per seminar ticket

It is the goal of the management training organization to generate the most income possible from a…

Answered: When a management training company…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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Skylar earns a yearly salary of $36,000 and will be receiving a $380 raise. Kosumi earns $14.50 per hour and will be receiving a 21 cent per hour raise. Who will be receiving the better raise in absolute terms? Who will be receiving the better raise in relative terms? Use the fact that Kosumi and Skylar will both be working an average of 40 hours per week for 47 weeks out of the year. Report dollar amounts to the nearest whole dollar and percentages to the nearest hundredth of a percent. (a) The absolute raise for Skylar is $ (b) The relative raise for Skylar is (c) The absolute raise for Kosumi is $ (d) The relative raise for Kosumi is Add Work per year. Check Answer %. per year. (e) Interpret the results: O Skylar's raise is larger in both absolute and relative terms. O Kosumi gets the bigger raise, but Skylar's raise is more in relative terms. O Kosumi's raise is larger in both absolute and relative terms. O Skylar gets the bigger raise, but Kosumi's raise is more in relative terms.…
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A manufacturer of ovens sells them for $2,200 each. The variable costs are $920 per unit. The manufacturer's factory has annual fixed costs of $2,240,000. a. Given the expected sales volume of 4,700 units for this year, what will be this year's net income? Express the answer with a positive sign for profit or negative sign for loss, rounded to the nearest cent b. How many units must the manufacturer produce to break even if the fixed costs increased by 15.00%? Round up to the next whole number
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