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A retailer can obtain digital cameras from the manufacturer at a cost of $150 apiece. The retailer has been selling the cameras at the price of $340 apiece, and at this price, consumers have been buying 40 cameras a month. The retailer is planning to lower the prices to stimulate sales and estimates that for each $5 reduction in the price, 10 more cameras will be sold each month. Express the retailer's monthly profit from the sale of the cameras as a function of the selling price. Estimate the optimal selling price.
Determine a real-life example scenario for how to find the distance between two points.
Create a function to determine how much revenue you will make at each price you charge. This is done by multiplying the price times your function. For example if your function is Cups Sold = 1000 - 100*Price, your revenue function would be Price*(..
A plane flying in the air is currently traveling upward 5,000 miles for every 20,000 miles in horizontal distance.
a plane is heading due west with an airspeed of 306 mph. A wind with a bearing 340 is blowing at 12 mph find the speed and true course of the plane (in bearings)
Identification of the Slope and y-intercept, and x-intercept of the given equation
Find the equation of the indicated curve - Find the equation of hyperbola from the given data
a mountain is 15471 feet above sea level and a valley is 382 below sea level. What is the difference between the mountain and the valley.
If a baseball player's batting average is 32 %, find the probability that the player will get atmost 26 hits at 100 times at bat.
Find the 99 percent confidence interval on the proportion of all such gloves that are shorter than nine inches.
The average grade on a midterm exam in a certain math class was an 88. Is this a parameter or a statistic?
Use the simplex method to determine the optimal production schedule so as to maximize profits. Show that the geometric method gives the same solution.
Suppose that you want to purchase a home for $450,000 with a 30 year mortgage at 6% interest. Suppose that you can put 40% down. Assume that the monthly cost to finance $1,000 is $6.00. What are the monthly payments.
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