Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 6 The sales of television have a marginal revenue given by R'(x) = 400-0.02x , where x is the number of televisions sold. Assume

image text in transcribedimage text in transcribed
Question 6 The sales of television have a marginal revenue given by R'(x) = 400-0.02x , where x is the number of televisions sold. Assume that the revenue is 0 if there are no sales. (i) Find the number of televisions that need to be sold to maximize revenue. (ii) What is the maximum revenue that can be obtained from the sale of these televisions?Section 2 Essay 30 marks (15%) This section has three questions and all are compulsory. Write a brief paragraph of about 150 words to discuss the following and give references if you have cited information from articles, books, etc. Answer all questions with your example to support your answer. Each question is worth 10 marks. Question 1 Explain how to apply Cramer's Rule to solve a system of three Linear equations with three unknowns with an example and also explain when Cramer's Rule fails to give a solution? [10 marks] Question 2 Matrix Inverse Method is used to solve systems of linear equations. Explain how would you apply Matrix Inverse Method to solve a system of two linear equations with two unknowns using an example of your choice? [10 marks] Question 3 You are expected to record time spent on different things/events for any particular day during the lockdown. After the collection of data, you are expected to tabulate the data and display data using a pie chart and bar graph. [10 marks]

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

A Topological Picturebook

Authors: George K Francis

1st Edition

0387345426, 978-0387345420

More Books

Students also viewed these Mathematics questions

Question

1. Describe the different types of production processes.

Answered: 1 week ago