Marginal Revenue: A defense attorney charges her client $4000 plus $120 per hour. The formula R = 120n + $4000
Posted on Jan 27, 2012 with Comments 1
lala haha gaga mama asked:
gives her revenue in dollars for n hours of work. What is her revenue for 100 hrs of work? What is her revenue for 101hrs of work? By how much did the extra hour of work increase her revenue? The increase in revenue is called the marginal revenue for the 101st hr.( Write an equation in slope- intercept form.
gives her revenue in dollars for n hours of work. What is her revenue for 100 hrs of work? What is her revenue for 101hrs of work? By how much did the extra hour of work increase her revenue? The increase in revenue is called the marginal revenue for the 101st hr.( Write an equation in slope- intercept form.
Question # 2 Celsius to Fahrenheit: Water freezes at 0 Celsius or 32 Fahrenheit. and boils at 100 Celsius or 212 Fahrenheit. There is a linear equation that expresses the number of degrees Fahrenheit (F) in terms of the number of degrees Celsius (C). Find the equation and find the Fahrenheit temperture when the Celsius temperture is 45 degrees?
Mervin Lesches
Filed Under: Homework Help
1a) Plug 100 in for n. You should get 16000.
1b) Add 120 (for 1 extra hour) and you get 16120.
1c) It increased 120 dollars.
1d) R = 120n +4000 is to determine how much money she will make in a specific time. If I understand the question, the equation for how much her pay increases each hour after 100 is simply: Increase = 120n.
2) (5/9)Tf – 32 = Tc so, (5/9)*Tf – 32 = 45 so,
138.6 = Tf