Solve the problem.Plagiarism Copiers, Inc., is planning a new desk-top copier. For the first year, the fixed cost of setting up the production line is $31,300. The variable cost for producing each copier is $480. The revenue from each copier is $900. Find the profit or loss from the production and sale of 1600 copiers.
A. $2,176,700
B. $640,700
C. -$48,640,480
D. $703,300
Answer: B
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Identify the variable as either qualitative or quantitative.The political affiliations of residents of a city
A. Qualitative B. Quantitative
Factor by grouping.12x2 + 8xy - 15xy - 10y2
A. (4x - 5)(3x + 2) B. (4x + 5y)(3x + 2y) C. (12x - 5y)(x + 2y) D. (4x - 5y)(3x + 2y)
Find the average rate of change illustrated in the graph.
Time (in hours)
A. 5 miles per hour B. 25 miles per hour C. .2 miles per hour D. 2.5 miles per hour
Find the expected value.Mr. Cameron is sponsoring an summer concert. He estimates that he will make $300,000 if it does not rain and make $60,000 if it does rain. The weather bureau predicts the chance of rain is 0.34 for the day of the concert. An insurance company is willing to insure the concert for $150,000 against rain for a premium of $30,000. If he buys this policy, what are his expected earnings from the concert?
A. $180,000 B. $300,000 C. $270,000 D. $239,400