Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. b. based on figure q2b, calculate the average sell

b. Based on FIGURE Q2b, calculate the average selling price for all companies from 12...

80.2K

Verified Solution

Question

Accounting

image

b. Based on FIGURE Q2b, calculate the average selling price for all companies from 12 pm to 1 pm, if the number of units sold is P, where P is between 150 units to 500 units. Based on your chosen value of P, determine which company would be of your first choice to invest in. Justify your answer. Sales rate (RM/min) 24 22 20 18 16 14 12 10 8 6 4 2 0 0 10 20 30 40 50 60 Time (min) --A------C -D-E FIGURE Q2b [15 marks] C. Suppose that from 2 pm to 3 pm, the rate of sales, R'(t) is given by the formula R'(t) = 2300t +K, where K is an integer between 15 to 20 and t is time in minutes. Calculate the maximum and minimum sales at 2.40 pm [5 marks]

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Problem 6-13 Historical Realized Rates of Return Stocks A and B have the following historical returns: Year 2012 -18.30% -15.70% 2013 34.50 24.80 2014 15.00 26.00 2015 -4.25 -12.10 2016 32.25 36.20 Calculate the...

Finance
Q

A traffic inspector has counted the number of vehicles passing through a certain point in 100...

Basic Math
Q

what does resent50 function do in neural network ?

Electrical Engineering
Q

ervates skeletal muscles B is under conscious control OC serves smooth muscle cardiac muscle and...

Biology
Q

Simplify sec (t) - 1 / sec (t) to an expression involving a single trig...

Basic Math
Q

Solve the initial value problem for r as a vector function of t d r...

Calculus
Q

Find the quotient and remainder using synthetic division The quotient is The remainder is 24...

Algebra
Q

PLEASE DO NOT JUST COPY THE EXISTING ANSWER! A parts supplier has a contract with...

Accounting
Q

10) A low receivable turnover indicates that Select one: a) the company's inventory is moving...

Accounting
Q

The following items are taken from the financial statements of the Postal Service for the...

Accounting
Q

Consider the following multifactor (APT) model of security returns for a particular stock. Required:...

Finance
Q

P9-61A: Solve a comprehensive budgeting problem. Cieck Manufacturing Is preparing its Master budget for the...

Accounting