A furniture company makes bar stools, tables, and chairs. Each bar stool requires 1 hour of labor, 8 feet of wood, and 0.2 gallons of stain. Each chair requires 4 hours of labor, 16 feet of wood, and 0.4 gallons of stain. Each table requires 2 hours of labor, 32 feet of wood, and 0.5 gallons of stain. Each week, the company has 700 hours of labor, 3360 feet of wood, and 60 gallons of stain. The company makes $10 in profit per bar stool, $25 in profit per chair, and $35 in profit per table. In order to maximize their profit, the furniture company should make

Answers

Answer 1

In the given problem, the furniture company should produce 300 bar stools and 50 chairs to maximize their profit, and should not produce any tables.

How to solve the Problem?

To maximize profit, the furniture company needs to determine how many units of each product (bar stools, chairs, and tables) they should produce. Let's use x, y, and z to represent the number of bar stools, chairs, and tables respectively.

The objective function to maximize profit is:

Profit = 10x + 25y + 35z

The company has constraints on the amount of labor, wood, and stain available. These constraints can be expressed as follows:

Labor: 1x + 4y + 2z ≤ 700 (the company has 700 hours of labor available each week)

Wood: 8x + 16y + 32z ≤ 3360 (the company has 3360 feet of wood available each week)

Stain: 0.2x + 0.4y + 0.5z ≤ 60 (the company has 60 gallons of stain available each week)

Also, since we cannot produce negative units of any product, we must add the constraint that x, y, and z are all non-negative.

x ≥ 0, y ≥ 0, z ≥ 0

We can now use linear programming techniques to solve this problem. One possible method is the simplex method, which involves converting the problem into an augmented matrix and applying row operations until we obtain the optimal solution.

The optimal solution is:

x = 300 (produce 300 bar stools)

y = 50 (produce 50 chairs)

z = 0 (do not produce any tables)

The maximum profit that the company can earn is:

Profit = 10x + 25y + 35z = 10(300) + 25(50) + 35(0) = $3,250

Therefore, the furniture company should produce 300 bar stools and 50 chairs to maximize their profit, and should not produce any tables.

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Related Questions

Complete the table for the following function y = 3 Superscript x x -3 -2 -1 0 1 2 3 y One-third 1 3 Graph the function and describe what the graph looks like. a. Increases in Quadrant III b. Increases from left to right c. Decreases from left to right d. Decreases in Quadrant II

Answers

The correct answer is to increase from left to right. The correct option is B.

To complete the table for the function [tex]y = 3^x - 3[/tex],

x y

-3 1/27

-2 1/3

-1 0

0 2

1 6

2 18

3 54

To graph the function, we can plot the points from the completed table on a coordinate plane and connect them with a smooth curve.

The graph of the function [tex]y = 3^x - 3[/tex]  looks like an exponential function that increases from left to right, passing through the point (0, 2) on the y-axis. The graph is concave up and approaches the x-axis but never touches it.

Therefore, the correct answer is to increase from left to right. The correct option is B.

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A psychology instructor surveys three sections of a first-year psychology course totaling 1000 students. The psychology instructor finds that SAT scores and the amount of money the students were currently carrying had a correlation of r=.07 with a p-value of 0.001. The psychology instructor claims the results were statistically significant but were not practically significant. Explain the difference between these two concepts using the results from the psychology instructor’s survey.

Answers

The concept of Statistical significance as well as practical significance are known to be two different concepts in statistics.

What is the differences in both concepts?

Statistical significance refers to unlikely results not due to chance. P-values are utilized for ascertaining the statistical importance of a particular result by gauging the likelihood of procuring exceptional outcomes under the assumption that the null hypothesis holds true. A significance level of 0.05 or less for the p-value is deemed as statistically meaningful.

Since the Psychology instructor found SAT scores and amount of money carried had a correlation coefficient of r = 0.07 with a p-value of 0.001, showing a significant correlation. The chance of getting a correlation coefficient of 0.07 or greater, if no correlation exists in the population, is very low.

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Find the following angles

Answers

Answer:

10. x=82 11.x=25 9. p=225

A student ran out of time on a multiple choice exam and randomly guessed the answers for two problems. Each problem had 5 answer choices – a, b, c, d, e – and only one correct answer. What is the probability that she answered both of the problems correctly? Write your answer as a fraction in simplest form

Answers

The probability that the student, who ran out of time on a multiple choice exam and randomly guessed the answers for two problems, answered both of the problems correctly is ⁹/₂₅.

What is the probability?

Probability refers to the likelihood of an expected outcome occurring out of many possible outcomes.

Probability is computed as the quotient of expected outcome over total outcomes.

The number of questions left = 2

The number options of for each question = 5

Since there are 5 options for each question, 4 of which are wrong, the probability of getting both wrongs is:

⁴/₅ x ⁴/₅ = ¹⁶/₂₅ = 0.64 or 64%

Therefore, probability of getting both questions correct is 36% (1 - 64%) or ⁹/₂₅ (1 -  ¹⁶/₂₅).

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HELP FAST
What is the volume of the rectangular prism?

A rectangular prism with a length of 7 meters, a width of 4 meters, and a height of 3 meters.

19 m3
25 m3
31 m3
84 m3

Answers

The volume is D) 84[tex]m^3[/tex].

What is volume?

The space taken up by any three-dimensional solid constitutes a  volume, to put it simply. A cube, cuboid, cone, cylinder, or sphere can be one of these solids. Cubic units are used to measure the volume of solids. The volume will be given in cubic metres, for instance, if the dimensions are given in metres.

Here the given rectangular prism length = 7m , Width = 4m and Height = 3m.

Now using Volume of rectangular prism formula then,

V = lwh cubic unit.

=> V = 7×4×3

=> V = 84[tex]m^3[/tex]

Hence the volume is D) 84[tex]m^3[/tex].

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Solve and reduce the result to lowest fr
not a decimal.
4
3
+ +2- +5-
5 10
Answer:
58
II
미ㄷ
VŨ Vũ (D)
(89)

Answers

Answer:

8[tex]\frac{29}{40}[/tex]

Step-by-step explanation:

The least common multiply is 40

[tex]\frac{4}{5}[/tex] x [tex]\frac{8}{8}[/tex] = [tex]\frac{32}{40}[/tex]

2 [tex]\frac{3}{10}[/tex] x [tex]\frac{4}{4}[/tex] = 2 [tex]\frac{12}{40}[/tex]

5 [tex]\frac{5}{8}[/tex] x [tex]\frac{5}{5}[/tex] = 5 [tex]\frac{25}{40}[/tex]

Now that we have a common denominator, add these numbers together

[tex]\frac{32}{40}[/tex] + 2 [tex]\frac{12}{40}[/tex] + 5 [tex]\frac{25}{40}[/tex]

7 [tex]\frac{69}{40}[/tex]

7 + [tex]\frac{40}{40}[/tex] + [tex]\frac{29}{40}[/tex]  I broke up [tex]\frac{69}{40}[/tex] because I know that [tex]\frac{40}{40}[/tex] equals 1

8 [tex]\frac{29}{40}[/tex]

Helping in the name of Jesus.

HELP DOING CORRECTIONS DUE IN A HOUR GIVING BRAINLIEST AND 20 POINTS

Answers

x = 12 times square root 2 (45 45 90 triangle)

y = 6 times square root 2 (30 60 90 triangle)

Find the value of x. Assume that segments that appear to be tangent are tangent.



x =

(50 POINTs will give BRAINIEST FOR EFFORT)

Answers

This problem can be solved without really paying attention to the circle:

pythagorean theorem:

26^2 + 9^2 = 757

square root of 27.514

Exercise 1.4
A. Mark the periods with commas according to the two place value systems and write the numbers in words in each system.
1. 2365358 2. 34282627 4. 90150028 5. 81552101 3. 87013569 6. 99160001​

Answers

Step-by-step explanation:

2,36,53,58

Two place value system:

Twenty-three lakh, sixty-five thousand, three hundred and fifty-eight

Three place value system:

Two crore, thirty-six lakh, fifty-three thousand, three hundred and fifty-eight

3,42,82,627

Two place value system:

Thirty-four million, twenty-eight thousand, six hundred and twenty-seven

Three place value system:

Three crore, forty-two lakh, eighty-two thousand, six hundred and twenty-seven

8,70,13,569

Two place value system:

Eighty-seven million, thirteen thousand, five hundred and sixty-nine

Three place value system:

Eight crore, seventy-one lakh, thirty-five thousand, five hundred and sixty-nine

9,01,50,028

Two place value system:

Ninety million, one lakh, fifty thousand, twenty-eight

Three place value system:

Nine crore, one lakh, fifty thousand, twenty-eight

8,15,52,101

Two place value system:

Eighty-one million, five hundred and fifty-two thousand, one hundred and one

Three place value system:

Eight crore, fifteen lakh, fifty-two thousand, one hundred and one

9,91,60,001

Two place value system:

Ninety-nine million, one lakh, sixty thousand, one

Three place value system:

Nine crore, ninety-one lakh, sixty thousand, one

Select the property of equality used to arrive at the conclusion. If x + 8 = 10, then x = 2. the multiplication property of equality the subtraction property of equality the division property of equality

Answers

The correct option- B. the subtraction property of equality is used to arrive at the conclusion. If x + 8 = 10, then x = 2.

Explain about the subtraction property of equality :

According to the equality's feature of subtraction, equality is unaffected when the same amount is subtracted from both sides of an equation.

If the exact same number or value is removed from both sides of an equation, the difference that results on both sides is also equal. Equal deductions from both sides of such an inequality will decrease the values on each side but have no effect on the inequality's truth value. In other words, the left side of a inequality will continue to be smaller than the right in a "less than" statement.

Given data:

x + 8 = 10

To find the value of x, subtract 8 from both sides:

x + 8 -8 = 10 - 8

x = 2

Thus, the subtraction property of equality is used to arrive at the conclusion. If x + 8 = 10, then x = 2.

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Correct question:

Select the property of equality used to arrive at the conclusion. If x + 8 = 10, then x = 2.

A. the multiplication property of equality

B. the subtraction property of equality

C. the division property of equality

Calculate for the percentages. Show your solutions.

100% of 30
40% of 60
20% of 80
40% of 50
80% of 20
50% of 30
60% of 80
60% of 10
90% of 70
90% of 60

help please. thank youu!!

Answers

To calculate percentages, we can use the following formula:

Percentage = (Part/Whole) x 100

Where "Part" is the value we are trying to find the percentage of and "Whole" is the total value.

Let's use this formula to solve the given problems:

1. 100% of 30
Percentage = (Part/Whole) x 100
Percentage = (30/30) x 100
Percentage = 100%

Therefore, 100% of 30 is 30.

2. 40% of 60
Percentage = (Part/Whole) x 100
Percentage = (40/100) x 60
Percentage = 24

Therefore, 40% of 60 is 24.

3. 20% of 80
Percentage = (Part/Whole) x 100
Percentage = (20/100) x 80
Percentage = 16

Therefore, 20% of 80 is 16.

4. 40% of 50
Percentage = (Part/Whole) x 100
Percentage = (40/100) x 50
Percentage = 20

Therefore, 40% of 50 is 20.

5. 80% of 20
Percentage = (Part/Whole) x 100
Percentage = (80/100) x 20
Percentage = 16

Therefore, 80% of 20 is 16.

6. 50% of 30
Percentage = (Part/Whole) x 100
Percentage = (50/100) x 30
Percentage = 15

Therefore, 50% of 30 is 15.

7. 60% of 80
Percentage = (Part/Whole) x 100
Percentage = (60/100) x 80
Percentage = 48

Therefore, 60% of 80 is 48.

8. 60% of 10
Percentage = (Part/Whole) x 100
Percentage = (60/100) x 10
Percentage = 6

Therefore, 60% of 10 is 6.

9. 90% of 70
Percentage = (Part/Whole) x 100
Percentage = (90/100) x 70
Percentage = 63

Therefore, 90% of 70 is 63.

10. 90% of 60
Percentage = (Part/Whole) x 100
Percentage = (90/100) x 60
Percentage = 54

Therefore, 90% of 60 is 54.

Sure, I'd be happy to help you calculate these percentages! Here are the solutions:

- 100% of 30 = 30

- 40% of 60 = 0.4 x 60 = 24

- 20% of 80 = 0.2 x 80 = 16

- 40% of 50 = 0.4 x 50 = 20

- 80% of 20 = 0.8 x 20 = 16

- 50% of 30 = 0.5 x 30 = 15

- 60% of 80 = 0.6 x 80 = 48

- 60% of 10 = 0.6 x 10 = 6

- 90% of 70 = 0.9 x 70 = 63

I hope that helps! Let me know if you have any other questions.

If one flyer is 3.0 × 10-3 inches thick, how thick is a stack of 1.25 × 103 flyers

Answers

If one flyer is  3.0 × 10⁻³ inches thick, the stack of 1.25 × 10³ flyers has a thickness of 3.75 inches.

To find the thickness of a stack of flyers, we need to multiply the thickness of a single flyer by the number of flyers in the stack. In this case, the thickness of a single flyer is given as 3.0 × 10⁻³ inches, and the number of flyers in the stack is 1.25 × 10³.

So, the thickness of the stack can be calculated as:

Thickness of stack = Thickness of a single flyer x Number of flyers in the stack

Thickness of stack = 3.0 × 10⁻³ inches x 1.25 × 10³

Thickness of stack = (3.0 x 1.25) × (10⁻³ × 10³) inches

Thickness of stack = 3.75 inches

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The mean absolute deviation of Mr. Zimmerman's class is 0.46. What does this mean?​

Answers

Answer:

is a measure of the average absolute distance between each data value and the mean of a data set.

What is the range of the function y=e^4x?
O Y <0
O Y > O
O y <4
O y>4

Answers

The range of the function y=e⁴ˣ is y>0

The range of the function y=e⁴ˣ is the same as the range of any exponential function:

y > 0

The function can take on any positive value, but will never be 0 or negative.

It has a horizontal asymptote of y=0.

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(Factorize) p2 + 2p - 8-q2-6q​

Answers

Factor of the equation are,

⇒ p (p + 2) - q (q + 6) - 8

We have to given that;

The expression is,

⇒ p² + 2p - 8 - q² - 6q

Now, We can factor as;

⇒ p² + 2p - 8 - q² - 6q

⇒ p (p + 2) - 8 - q (q + 6)

⇒ p (p + 2) - q (q + 6) - 8

Thus, Factor of the equation are,

⇒ p (p + 2) - q (q + 6) - 8

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Supplementary angles

Answers

Answer: ∠EBJ

Step-by-step explanation:

Starting Angle: ∠EBH

Possible Supplement: ∠EBJ

Kylie, a youth leader at a summer camp, is making clear slime for an activity with the kids. She is placing the slime in 2-ounce plastic containers with lids. If Kylie can mix up the slime and fill 75 containers in 50 minutes, how long will it take her to make the slime and fill up 450 of the 2-ounce plastic containers?

A. 6 hours
B. 5 hours
C. 4 hours
D. 9 hours

Answers

Therefore, the answer is (B) 5 hours. We can start by finding out how long it takes Kylie to fill one 2-ounce container. we can get by forming equation .

what is equation ?

In mathematics, an equation is a statement that two expressions are equal. An equation can contain variables, constants, and mathematical operations like addition, subtraction, multiplication, division, exponents, and roots.

In the given question,

We can start by finding out how long it takes Kylie to fill one 2-ounce container. To do this, we can set up a proportion:

75 containers / 50 minutes = 1 container / x minutes

Solving for x, we get:

x = (50 minutes) / (75/1) = 0.67 minutes per container

Now we can use this information to find how long it will take Kylie to fill 450 containers:

450 containers × 0.67 minutes per container = 301.5 minutes

So it will take Kylie 301.5 minutes to make the slime and fill up 450 containers. We can convert this to hours by dividing by 60:

301.5 minutes / 60 minutes per hour = 5.025 hours

Rounding to the nearest hour, we get 5 hours.

Therefore, the answer is (B) 5 hours.

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In a certain video game, players can create environments and populate them with a variety of characters. One player creates a magical park in which the unicorn population triples each day. The starting unicorn population is 5. What will the unicorn population be after the 4th day?

Answers

Using the laws of multiplication, we can find that after the 4th day the unicorn population of the park is 405.

Define multiplication?

The fundamental concept of repeatedly adding the same number is represented by the process of multiplication. The results of multiplying two or more numbers are known as the product of those numbers, and the factors that are multiplied are referred to as the factors.

In the question,

Let the unicorn population be = x.

Now as per the question,

It triples every day.

The function will be = 3x.

The starting unicorn population is 5.

After the 1st day it will get tripled and become 3 × 5 = 15.

After the 2nd day the unicorn population will be 3 × 15 = 45.

After the 3rd day, 3 × 45 = 135.

Finally, after the 4th day, the unicorn population will be = 3 × 135 = 405.

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The number of bacteria P(h) in a certain population increases according to the following function, where time h is measured in hours.


P(h)=2800e^0.09h


How many hours will it take for the number of bacteria to reach 3500?


Round your answer to the nearest tenth, and do not round any intermediate computations.

Answers

It will take 2.48 hours for the number of bacteria to reach 3500.

How many hours to reach 3500?

In order to find number of hours to take for the number of bacteria to reach 3500, we can set the function equal to 3500 and solve for h.

The function given is P(h) = 2800e^(0.09h). So, plugging the values of 3500, we will get:

3500 = 2800e^(0.09h)

Dividing both sides by 2800, we get:

e^(0.09h) = 3500/2800

Taking the natural logarithm of both sides, we get:

0.09h = ln(3500/2800)

h = (ln(3500/2800))/0.09

h = 0.22314355131/0.09

h = 2.47937279233

h = 2.48 hours

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I need help understanding tree diagrams

Answers

The probability that she will hire a woman for the two positions is given as follows:

1/4.

How to calculate a probability?

A probability is calculated as the division of the desired number of outcomes by the total number of outcomes in the context of a problem/experiment.

From the last node, the total number of outcomes is given as follows:

4.


The desired outcomes are Women on the first node and women on the second node, which is one outcome. (the last outcome).

Hence the probability is given as follows:

p = 1/4.

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The equation of the line is

Answers

Answer:

  y = -x +3

Step-by-step explanation:

You want the slope-intercept equation of the line with the same intercept as -3y = -9 +3x, and the same slope as -2x -2y = -8.

Slope-intercept form

The slope-intercept form of the equation of a line is ...

  y = mx +b . . . . . where m is the slope, and b is the y-intercept

For the given equations, we can put them in this form to find the desired parameters.

  -3y = -9 +3x

  y = -x +3 . . . . . . . . . . divide both sides by -3

We observe that the y-intercept is +3, which we will need for our answer.

The slope-intercept form of the second equation is ...

  -2x -2y = -8

  x + y = 4 . . . . . . . . . . divide by -2

  y = -x +4 . . . . . . . . . . subtract x

We observe that the slope (coefficient of x) is -1, which we will need for our answer.

Desired equation

We want the equation of the line with slope -1 and y-intercept 3. It is ...

  y = -x +3 . . . . . . . . . . same as the equation of the first line

__

Additional comment

The slope-intercept equation (green) is plotted using dots, so that you can see it is coincident with the line described by the first equation (red). Parallel lines have the same slope, so our desired line must be parallel to the blue line. (It is.)

Si al 15% del 20% de 5N le agregamos el 30% del 50% de 2N obtenemos 270. Calcula N.

Answers

The value of N in the algebraic equation is 600.

How to calculate N in the algebraic equation?

An algebraic equation is when two expressions are set equal to each other, and at least one variable is included.

If to 15% of 20% of 5N we add 30% of 50% of 2N we get 270. We have:

(15/100 * 20/100 * 5N)  + (30/100 * 50/100 * 2N) = 270

0.15N + 0.3N = 270

0.45N = 270

N = 270/0.45

N = 600

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Question in English

If to 15% of 20% of 5N we add 30% of 50% of 2N we get 270. Calculate N.

URGENT!! ILL GIVE BRAINLIEST! AND 100 POINTS

Answers

The answers are A = 46% and B = 20%.

Given that, a table of data, each cell in the table shows the number of cars in that category.

A) The probability that the car's total repair cost is less than $10000 =

86 / (86+35+67) x 100 = 86/188 x 100 = 46%

B) The probability that the car's purchase was more than $40,000 =

40 / (40+86+71) x 100 = 40/197 x 100 = 20%

Hence, the answers are A = 46% and B = 20%.

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abc is dilated by a scale factor of 4 with a center of dilation at the origin to form a’b’c’ then a’b’c’ is dilated by a scale factor of 3 over 4 with a center of dilation at the origin to create a’’b’’c’’ what are the coordinates of a’’b’’c’’

Answers

The coordinates of the vertices of the triangle A''B''C'' after the two successive dilations are (3 times the x-coordinate and 3 times the y-coordinate of the original triangle's vertices).

To find the coordinates of the vertices of the dilated triangle A''B''C'' after two successive dilations, first with a scale factor of 4 and then with a scale factor of 3/4.

Firstly, Apply the first dilation with a scale factor of 4 to the original triangle ABC, with a center of dilation at the origin. This can be done by multiplying each coordinate of the original triangle by 4.

The coordinates of the dilated triangle A'B'C' after the first dilation would be;

A' = (4 × x-coordinate of A, 4 × y-coordinate of A)

B' = (4 × x-coordinate of B, 4 × y-coordinate of B)

C' = (4 × x-coordinate of C, 4 × y-coordinate of C)

Now, we apply the second dilation with a scale factor of 3/4 to the dilated triangle A'B'C', again with a center of dilation at the origin. This can be done by multiplying each coordinate of A'B'C' by 3/4.

The coordinates of the dilated triangle A''B''C'' after the second dilation would be;

A'' = ((3/4) × x-coordinate of A', (3/4) × y-coordinate of A')

B'' = ((3/4) × x-coordinate of B', (3/4) × y-coordinate of B')

C'' = ((3/4) × x-coordinate of C', (3/4) × y-coordinate of C')

Plugging in the values of A', B', C' obtained from the first dilation, we get;

A'' = ((3/4) × 4 × x-coordinate of A, (3/4) × 4 × y-coordinate of A)

B'' = ((3/4) × 4 × x-coordinate of B, (3/4) × 4 × y-coordinate of B)

C'' = ((3/4) × 4 × x-coordinate of C, (3/4) × 4 × y-coordinate of C)

Simplifying further, we get;

A'' = (3 × x-coordinate of A, 3 × y-coordinate of A)

B'' = (3 × x-coordinate of B, 3 × y-coordinate of B)

C'' = (3 × x-coordinate of C, 3 × y-coordinate of C)

Therefore, the  coordinates of the vertices of the triangle A''B''C'' after the two successive dilations are (3 times the x-coordinate and 3 times the y-coordinate.

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Elsa repairs types of electronic devices in her repair shop. The number of each type that she repaired last week is shown in the bar graph below. Using this bar graph, answer the questions.

Answers

What is the number im confused and where is the graph

the box plots show the target heart rates of men 20-40 years old and men 50-70 years old. which statement is best supported by the information in the box plots.

Answers

The statement that best supports the information in the box plots is: D. the interquartile range value of the data for men 20 - 40 years old is greater than that of men of 50 - 70 years old.

How to Find the Interquartile Range from a Box Plot?

The interquartile range of a data set is the difference between the values that are located on both edges of the rectangular box that is displayed in a box plot.

Interquartile range for the men between 20 - 40 years old = 150 - 110 = 40

Interquartile range for the men between 50 - 70 years old = 125 - 95 = 30

This shows that, D. the interquartile range value of the data for men 20 - 40 years old is greater than that of men of 50 - 70 years old.

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The amount of sports drink in a cooler during practice is modeled by the equation

y = -24x + 648, where y is the number of ounces in the cooler after practice and x is the number of players at practice who take drinks from the cooler.

Based on the information in the equation, which statements are true?



Group of answer choices

The cooler is meant to be used by only 24 players.

Before practice, there are 648 ounces of sports drink in the cooler.

If 24 players get drinks from the cooler, they will drink a total of 648 ounces of sports drink.

Answers

Based on the information in the equation, y = -24x + 648, the TRUE statement is B) Before practice, there are 648 ounces of sports drinks in the cooler.

What is an equation?

An equation is an algebraic statement showing that two or more mathematical expressions are equal or equivalent.

The equality or equivalence of an equation is depicted using the equal symbol (=).

Mathematical expressions do not use the equal symbol, but they combine variables with constants, numbers, and values using mathematical operands.

Let the number of ounces in the cooler after practice = y

Let the number of players at the practice who take drinks from the cooler = x

Equation:

y = -24x + 648

Thus, 648 represents the number of drinks before practice while -24x represents the number of drinks taken by players, making Option B true.

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1. The law of demand predicts that
a. the more consumers purchase a good, the greater the demand for the good
b. consumers are willing to buy more of a good at a lower price than at a higher price
c. as prices go up, the quantity of a particular good that consumers will buy also rises
d. consumers are willing to buy more of a good at a higher price than at a lower price
2. The function of price in a market system
a. is a way of adjusting the balance between the forces of supply and demand
b. acts as an incentive to producers to either increase or decrease the quantity supplied
c. is a means of rationing the available supply among those who demand it
d. all of these
3. A key advantage of the corporate form of business organization is
a. that the business lives on even if the owners of the business die
b. limited liability of stockholders
c.
the ability to raise significant amounts of financial capital
d.
all of these

Answers

1) consumers are willing to buy more of a good at a lower price than at a higher price  Option B

2) All of these

3) All of these

What is the law of demand?

An economic theory known as the law of demand states that, all other things being equal, if a good or service's price rises, consumers will demand fewer units of it, and vice versa.

Price and quantity demanded are inversely related, to put it another way. This is a fundamental concept in economics and plays a key role in shaping market behavior and pricing strategies.

The price system is a way of adjusting the balance between the forces of supply and demand. A key advantage of the corporate form of business organization is the ability to raise significant amounts of financial capital.

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Is 3.2 x 10^3 an irrational or rational

Answers

3.2 x 10^3  is considered to be a rational number.

What are rational numbers ?

A rational number is a numerical value expressed as a ratio between two non-zero integers. If any given number can be appropriately displayed in the form of 'a/b,' where both 'a' and 'b' guarantee integer input, it would signify that this specified number adheres to the classification of being labeled as rational.

As we can see from the given number of 3.2 x 10^3, when we write the number after solving it, we have:

3.2 x 10 ^ 3 = 3 .2 x 1, 000

= 3, 200

This can be expressed as 3, 200 / 1 so this is a rational number.

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Nicole is looking for the best deal on a tablet that regularly costs $749. Help her compare the price of the tablet at a store
with the price on the store's website by completing the following.
(a) The store's website is offering the tablet at a 60% discount off the regular price. Ignoring tax and shipping, how
much would she pay for the tablet on the store's website?
$0
(b) The store is having a sale, offering a 50% discount off the regular price of the tablet. Nicole also has an
in-store-only coupon for an additional 10% off the sale price. Ignoring tax, how much would she pay for the tablet
at the store?
(c)
Check
Select the true statement.
Nicole would pay more for the tablet on the website.
Nicole would pay more for the tablet at the store.
Nicole would pay the same amount at the store and on the website.

Answers

Answer:

a) $299.60

b) $337.05

c) Nicole would pay more at the store

Step-by-step explanation:

a) 10% of $749 = $74.90

60% = ($74.90 x 6) = $449.40

$749 - $449.40 = $299.60

b) 10% = $74.90

50% = $374.50

$749 - $374.50 = $374.50

10% of $374.50 = $37.45

$374.50 - $37.45 = $337.05

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