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Question: In Exercise if the government applies a luxury tax of 20% per coat, how are profits affected?
Exercise: A fur dealer finds that when coats sell for $4000, monthly sales are 6 coats. When the price increases to $5000, the demand is for 5 coats. Assume that the demand equation is linear.
(a) Find the demand and revenue equations.
(b) If overhead is $2500 per month and the production cost per coat is $2000, find the cost equation and profit equation.
(c) Find the level of production that maximizes profit.
Find the gradient of the function and the maximum value of the directional derivative at the indicated point:
Her research indicates that she could earn 45% in one year if the cure is successful or lose 63% in one year if it is not. At what probability of success (P) would the pharmaceuticals stock be the better choice?
What is the annual compound interest rate for an investment modeled by the function y=12*1.18x?
A tent for a family of 6 is on sale for $109.99. Find the volume of space inside the tent (w= 8ft, l=12ft, h=6ft) for the family to sleep.
The relative number N of gas molecules in a container that are moving at a velocity v can be shown to be
a trough is 10ft long and its ends have the shape of isoceles triangles that are 3ft across at the top and have a
the coin is returned to Al and the entire process begins again. The game continues until soneone gets heads. What is the probability of each of them winning?
The widths (in m) of half the central arena in the Colosseum in Rome are shown in the following table, starting at one end and measuring from the middle.
A plane is heading due south with an airspeed of 294 mph. A wind from a direction 51 degree is blowing at 8 mph. Find the bearing of the plane.
SPORTS Eight players, A, B, C, D, E, F, G, and H, are competing in a series of elimination matches of a tennis tournament in which the winner.
Explain how to convert from binary to base 64 expansions and from base 64 expansions to binary expansions and from octal to base 64 expansions.
Find dy/dx by implicit differentiation. Show all steps while completing the problem
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