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daser333 [38]
2 years ago
12

Leicestershire Renovations has a history of problems with customers who do not pay their bills on time. Leicestershire Renovatio

ns wants to improve its cash situation, reduce bad debts, and reduce credit-collection costs. Which of the following forms of pricing would most likely help the firm achieve its goal?
Mathematics
1 answer:
Flauer [41]2 years ago
7 0

Complete Question.

Leicestershire Renovations has a history of problems with customers who do not pay their bills on time.

Leicestershire Renovations wants to improve its cash situation, reduce bad debts, and reduce credit-collection

costs. Which of the following forms of pricing would most likely help the firm achieve its goal?

a. zone pricing

b. quantity discounts

c. cash discounts

d. by product pricing

e. product bundling

Answer:

c. Cash discounts.

Step-by-step explanation:

Cash discount is a reduction in the amount of an invoice allowed by some sellers of goods or service providers so as to encourage service takers or coients to pay within a specified period of time.

For the client or customer, it is known as the purchase discount while it is a sales discount for the service providers.

Cash discount will help Leicestershire Renovations improve its cash situation, reduce bad debts and reduce credit-collection

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Answer:

A. $18

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Step-by-step explanation:

Function:

f(p) = -50p^2 + 1,800p - 16,000

<u>Parts A and B:</u>

The price that generates the maximum profit is ate vertex of parabola. Find the coordinates of the vertex:

p_v=\dfrac{-b}{2a}=\dfrac{-1,800}{2\cdot (-50)}=\dfrac{1,800}{100}=18\\ \\f(p_v)=-50\cdot 18^2+1,800\cdot 18-16,000=200

The price that generates the maximum profit is $18

The maximum profit is $200

<u>Part C:</u>

The company breaks even when the profit is positive. From the graph of the function you can see that the graph of the function is over p-axis for all p\in (16,20), so the positive profit is for p\in (16,20)

In p=16 and p=20, the profit is 0 and when p<16 and p>20, there will be a loss.

7 0
2 years ago
The function below represents the interest Kristina earns on an investment. Identify the term that represents the amount of mone
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Answer:

The amount of money originally invested which is the principal P = 5,000

Step-by-step explanation:

Using the compound interest formula, the return on investment can be represented on the interest function as;

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Where

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r = rate Proportion

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Comparing to the given function;

f(x) = 5,000(1 + 0.04)^x

We can see that;

Principal P = 5,000

Rate r = 0.04

time = x

The amount of money originally invested which is the principal P = 5,000

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Explain how to find the product of 3/8 x 7/9 .Use complete sentences in your answer.
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Answer:

When multiplying fractions together, you multiply the numerators togethers and the denominators together, unlike adding fractions together. To find this answer, you'd do 3 × 7 (for the numerator) and 8 × 9 (for the denominator), and then write the fraction (the answer) using your answers above.

I hope this helps!

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Which table of ordered pairs represents a proportional relationship?​
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