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Example
Suppose the demand and cost functions are given by
Q = 21 - 0.1P and C = 200 + 10Q
Where,
Q - Quantity sold
P - Price per unit sold
C - Cost of production.
We can compute the revenue and profit as:
What is a Complement of a set?
Example of Word Problems Involving Money: A collection of coins consists of nickels, dimes & quarters. The number of quarters is double the number of nickels, and the number o
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Illustration of Rank Correlation Coefficient Sometimes numerical data such refers to the quantifiable variables may be described after which a rank correlation coefficient may
Explain Measurement Conversions in details? The following tables show measurements of length, distance, and weight converted from one system to the other. Length and Distanc
6 7/10+8 9/4
The temperature in Hillsville was 20° Celsius. What is the equivalent of this temperature in degrees Fahrenheit? This problem translates to the expression 3 {[2 - (-7 + 6)] + 4
how to find out percentage error?
(3x+2)^2 d^2y/dx^2+3(3x+2)dy/dx-36y=3x^2+4x+1
Describe Visualize Solutions of Simultaneous Equations ? By drawing the graph of each equation in a system of equations, you can see a picture of the system's solutions. Fo
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