Find P(x), the profit function.

Q: A devastating freeze in California’s Central Valley in January 2007 wiped out approximately 75% of…

A: Given c=gp where c is the price of oranges and p is the percentage of the citrus crop that was…

Q: Suppose that in a monopoly market, the demand function for a product is p = 160 -0.20x and the…

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Q: The labor costs to produce luxury yachts can be modeled by f(x) = (x² + 4x + 3)°, where x represents…

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Q: Assume that the number N of concert tickets which can be sold at a price of P dollars per ticket is…

A: Given The number N of concert tickets which can be sold at a price of P dollars per ticket is a…

Q: use marginal profit to approximate the profit from the sale of the 26th skateboard.  P(X)= 30X-0.3X2…

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Q: the piece wise linear function f(x) is shown to the right.

A: “Since you have posted a question with multiple sub-parts, we will solve the first three subparts…

Q: It costs C(x) = 807.71 + 173.627x dollars to produce x light boxes. To sell x light boxes, the price…

A: Given Cost Function Given price function Ler Revenue function Let Profit function

Q: A supply company charges for 50-gallon tanks using the demand function p(x) = 40 – 4.8x. What is the…

A: In any business revenue is the total amount received by selling a given number of items at a given…

Contingency Table

A contingency table can be defined as the visual representation of the relationship between two or more categorical variables that can be evaluated and registered. It is a categorical version of the scatterplot, which is used to investigate the linear relationship between two variables. A contingency table is indeed a type of frequency distribution table that displays two variables at the same time.

Binomial Distribution

Binomial is an algebraic expression of the sum or the difference of two terms. Before knowing about binomial distribution, we must know about the binomial theorem.