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Alexxx [7]
2 years ago
10

A dealer purchased a car for $19,500 and marked it up 15%. What is the sticker price of the car?

Business
2 answers:
marusya05 [52]2 years ago
4 0
It’s C. Because it “marked it UP” and 15% of 19,500 is 2,925. 19,500+2,925= 22,425
a_sh-v [17]2 years ago
3 0

Answer:

It’s C. Because it “marked it UP” and 15% of 19,500 is 2,925. 19,500+2,925= 22,425

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1 year ago
A retired woman has $180,000 to invest. she has chosen one relatively safe investment fund that has an annual yield of 9% and an
Zepler [3.9K]
Solution:  
Let the amount invested in scheme which yields 9% be x and amount invested in scheme which yields 13% be y.  
x + y = 180000 --equation 1 
0.09x + 0.13y = 18000 --equation 2  
Balancing the equations, multiply equation 1 with 0.09 and equation 2 with 1,  
0.09x + 0.09y = 16200 -equation 3
 0.09x + 0.13y = 18000 --equation4  
Subtracting equation 4 from 3, 
 -0.04y = -1800  
y = 45000 
 Now putting value of y in equation 1, 
 x + 45000 = 180000 
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 The amount to be invested in scheme which yields 13% = $45,000
6 0
1 year ago
Ben Anderson, the head of product development and product management at Recycline, says that at Recycline, "if you're interested
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4 0
2 years ago
Diogo has a utility function,U(q1, q2) = q1 0.8 q2 0.2,where q1 is chocolate candy and q2 is slices of pie. If the price of slic
guapka [62]

Answer:

(0.5 \times 8q_2)+q_2=100\\\\5q_2=100\\\\q_2=20

since q_2 = 20

q_1 = 8*20\\\\q_1=160

Explanation:

U(q₁ q₂)

q_1^{0.8}q_2^{0.2}\\\\P_1= \$0.5 \ P_2=\$1 \ Y=100

Budget law can be given by

P_1q_1+P_2q_2=Y\\\\0.5q_1+q_2=100

Lagrangian function can be given by

L=q_1^{0.8}q_2^{0.2}+ \lambda (100-0.5q_1-q_2)

First order condition csn be given by

\frac{dL}{dq} =0.8q_1^{-0.2}q_2^{0.2}-0.5 \lambda=0\\\\0.5 \lambda=0.8q_1^{-0.2}q_2^{0.2}---(i)

\frac{dL}{dq} =0.2q_1^{0.8}q_2^{-0.8}- \lambda=0\\\\ \lambda=0.2q_1^{0.8}q_2^{-0.8}---(ii)

\frac{dL}{d \lambda} =100-0.5q_1-q_2=0\\\\0.5q_1+q_2=100---(iii)

From eqn (i) and eqn (ii) we have

\frac{0.5 \lambda}{\lambda} =\frac{0.8q_1^{-0.2}q_2^{0.2}}{0.2q_1^{0.8}q_2^{-0.8}} \\\\0.5=\frac{4q_2}{q_1}\\\\q_1=8q_2}

Putting q_1=8q_2 in euqtion (iii) we have

(0.5 \times 8q_2)+q_2=100\\\\5q_2=100\\\\q_2=20

since q_2 = 20

q_1 = 8*20\\\\q_1=160

3 0
1 year ago
Exercise C The marketing department of Specialty Coffees estimates the following monthly demand for espresso in these four price
SIZIF [17.4K]

Answer:

It should price the espresso at $1.25

Explanation:

\left[\begin{array}{ccccc}&D1&D2&D3&D4\\$Sales Price&1&1.25&1.5&1.75\\$Variable Cost&0.25&0.25&0.25&0.25\\$Margin&0.75&1&1.25&1.5\\$Quantity&9,000&8,000&6,000&4,000\\$Contribution&6,750&8,000&7500&6,000\\$Fixed Cost&3,000&3,000&3,000&3,000\\$Income&3,750&5,000&4,500&3,000\\\end{array}\right]

The best Income is generated at the price of 1.25 dollar

Therefore, this is the amount to Specialty Coffees set for espresso.

6 0
1 year ago
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