At a real estate agency, an agent sold a house for $377,000. The commission rate is 7.5% for the real estate agency and the commission rate for the agent is 20% of the amount the real estate agency gets. How much did the agency make on the house? How much did the agent earn in commission?

Answers

Answer 1

The agency made $28,275 in commission on the house.

The agent earned $5,655 in commission on the sale of the house.

To calculate how much the agency made on the house

We first need to calculate the amount of commission that the agency received.

The commission rate for the agency is 7.5%, so we can find the commission amount by multiplying the sale price of the house by 7.5% in decimal form:

Commission for the agency = $377,000 x 0.075 = $28,275

Therefore, the agency made $28,275 in commission on the house.

To calculate how much the agent earned in commission, we need to find 20% of the commission amount that the agency received:

Commission for the agent = $28,275 x 0.20 = $5,655

Therefore, the agent earned $5,655 in commission on the sale of the house.

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Related Questions

Which statement explains the type of function that is represented by the equation y = x^2 + 9?

Answers

The function is nonlinear because the variable x is raised to the second power. So, the correct option is D) .

Describe Linear Function?

A linear function is a mathematical equation that can be represented by a straight line. It is a function in which the independent variable, say "x," is raised only to the first power, and the dependent variable, say "y," is not multiplied or divided by any variable. Linear functions have a constant rate of change, which means that the slope of the line is the same at all points.

The general form of a linear function is y = mx + b, where m is the slope of the line and b is the y-intercept, which is the point at which the line crosses the y-axis. The slope m represents the rate of change of y with respect to x, and can be calculated as the change in y divided by the change in x between any two points on the line.

A linear function is a function that has a constant rate of change, meaning that as x increases by a certain amount, y also increases by a constant amount. A linear function can be written in the form y = mx + b, where m is the slope and b is the y-intercept.

In the given equation y = x²  + 9, the variable x is raised to the second power, which means that the rate of change of y with respect to x is not constant. This is the characteristic of a nonlinear function. Moreover, the graph of the function is a parabola, which is also a characteristic of a nonlinear function.

Therefore, the correct answer is D) The function is nonlinear because the variable x is raised to the second power.

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The complete question is :

Which statement explains the type of function that is represented by the equation y=x² +9?

A The function is linear because it contains more than one term.

B) The function is linear because the variable x is raised to the second power.

C) The function is nonlinear because it contains more than one term.

D) The function is nonlinear because the variable x is raised to the second power.

Use the slip and y-intercept to identify the equation of this line

Answers

Answer:

y=2x

Step-by-step explanation:

equation formula is y=mx+b

m is slope

b is y-intercept

you know that slope is 2

y intercept is 0

so plug it into the equation

y=2x+0 or just y=2x

a right triangle has a hypotenuse of length 7 inches. If one angle is 38 degrees, find the length of each leg.

Answers

Check the picture below.

[tex]\sin(38^o )=\cfrac{\stackrel{opposite}{x}}{\underset{hypotenuse}{7}}\implies 7\sin(38^o)=x\implies 4.31\approx x \\\\[-0.35em] ~\dotfill\\\\ \cos(38^o )=\cfrac{\stackrel{adjacent}{y}}{\underset{hypotenuse}{7}}\implies 7\cos(38^o)=y\implies 5.52\approx y[/tex]

Make sure your calculator is in Degree mode.

Answer:

4.31 in5.52 in

Step-by-step explanation:

You want the leg measures in a right triangle with a hypotenuse of 7 inches and an angle of 38°.

Trig functions

The mnemonic SOH CAH TOA reminds you of the relations between side lengths and trig functions:

  Sin = Opposite/Hypotenuse   ⇒   Opposite = Hypotenuse×Sin

  Cos = Adjacent/Hypotenuse   ⇒   Adjacent = Hypotenuse×Cos

Application

The given triangle will have opposite and adjacent sides of ...

  opposite = (7 in)sin(38°) ≈ 4.31 in

  adjacent = (7 in)cos(38°) = 5.52 in

The leg lengths of the triangle are 4.31 inches and 5.52 inches.

Write a fraction that has a value greater than 3/8 using 3 as the numerator

Answers

Answer: 3/4

Step-by-step explanation:

Any number as the denominator of the fraction that is less than 8 (the denominator) will give you a fraction greater than 3/8.

Another different answer could be 3/5 or 3/6.

A fraction that has a value greater than 3/8 using 3 as the numerator is 3/6, 3/4, 3/2 and so on.

What is the fraction?

In Mathematics, fractions are represented as a numerical value, which defines a part of a whole. A fraction can be a portion or section of any quantity out of a whole, where the whole can be any number, a specific value, or a thing.

The given fraction is 3/8.

Here, 3/8 = 0.375

We need write the fraction which is greater than 3/8 using 3 as the numerator is 3/6 = 0.5

Therefore, a fraction that has a value greater than 3/8 using 3 as the numerator is 3/6, 3/4, 3/2 and so on.

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A car, van, truck and bike are all travelling in the same direction on the road. Each travels at a constant speed, but the speeds of the 4 vehicles may be different. At 10 am the car overtakes the van. At noon it overtakes the truck. At 2 pm it overtakes the bike. At 4 pm the truck overtakes the bike. At 6 pm the van overtakes the truck. When does the van overtake the bike?

Answers

Answer:

at 6 pm

Step-by-step explanation:

I'm 99.9% sure that it's correct, please tell me if I'm wrong

How could Marc mathematically try to prove that he hit the ball near the top of the tower?While on the golf course last weekend Marc hit into the rough, landing the ball behind a tall tree. To get out of the scenario, his best option was to hit the ball high enough so it goes over the tree and hopefully comes down in the fairway for his next shot. So with a mighty swing, he hit the ball into the air and was surprised to see it hit near the top of a 300 foot tall tower that he had not noticed. The formula for this shot is h(x) = -16xsquared + 120x , where h is the height of the ball and x is the number of seconds the ball is in the air. How could Marc mathematically try to prove that he hit the ball near the top of the tower?While on the golf course last weekend Marc hit into the rough, landing the ball behind a tall tree. To get out of the scenario, his best option was to hit the ball high enough so it goes over the tree and hopefully comes down in the fairway for his next shot. So with a mighty swing, he hit the ball into the air and was surprised to see it hit near the top of a 300 foot tall tower that he had not noticed. The formula for this shot is h(x) = -16xsquared + 120x , where h is the height of the ball and x is the number of seconds the ball is in the air. How could Marc mathematically try to prove that he hit the ball near the top of the tower?​

Answers

Answer:

To mathematically prove that Marc hit the ball near the top of the tower, he could use the equation h(x) = -16x^2 + 120x, where h is the height of the ball and x is the number of seconds the ball is in the air.

First, Marc would need to determine the maximum height the ball reached during its flight. This can be found by using the vertex formula, which is x = -b/2a. In this case, a = -16 and b = 120, so x = -120/(2*-16) = 3.75 seconds.

Next, Marc can substitute this value back into the original equation to find the maximum height the ball reached. h(3.75) = -16(3.75)^2 + 120(3.75) = 135 feet.

Since the tower is 300 feet tall, Marc could conclude that if the ball hit near the top of the tower, it would have reached a height close to 300 feet. Since the ball reached a maximum height of 135 feet, it is unlikely that it hit the top of the tower.

However, this calculation assumes that the tower is directly in line with Marc's shot and that the ball did not have any horizontal movement. In reality, the tower could have been to the left or right of the shot, and the ball could have had some horizontal movement, which would affect its height at impact. Therefore, this calculation can only provide a rough estimate and cannot definitively prove whether or not the ball hit near the top of the tower.

Need help Asap please

Answers

Answer:

Summer for 9th Graders: 0.14

Fall for 10th Graders: 0.15

Spring overall total: 0.36

Summer overall total: 0.22

Fall overall total: 0.33

Winter overall total: 0.09

Step-by-step explanation:

Relative frequencies are related to percentages so you can find the answer through that given the total from each grade.

However, adding or subtracting makes the process easier (in my opinion) to find the relative frequency

Suppose that the function h is defined as follows.
if
-2
-1
h(x)= 0
1
2
Graph the function h.
-3.5 if-2.5 if-1.5 if -0.5 if 0.5 ≤x≤1.5

Answers

Suppose that the function h is defined as follows. -2 -1 h(x)= if – 2, the graph is given below: (see image)

What is a Graph?

A graph is a mathematical structure used to represent relationships between objects or entities. It consists of a set of vertices (also known as nodes) and a set of edges that connect pairs of vertices.

In a graph, the vertices represent the objects or entities being studied, while the edges represent the connections or relationships between them.

For example, in a social network graph, the vertices might represent individual users, and the edges might represent their connections (e.g. friendships) with other users.

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The owner of a sports complex wants to carpet a hallway connecting to buildings. The carpet costs $1.50 per square foot. How much does it cost to carpet the hallway?

Answers

Answer:

$526.75 i believe

Step-by-step explanation:

On a given planet, the weight of an object varies directly with the mass of the object. Suppose that an object whose mass is 2 kg weighs 4 N. Calculate the mass of another object that weights 18 N.

Answers

Answer:

Let m be the mass of the object and w be the weight of the object. According to the problem, weight varies directly with mass, so we can write:

w = k * m

where k is the constant of proportionality.

To find k, we can use the information given in the problem. We know that when m = 2 kg, w = 4 N. Substituting these values into the equation above, we get:

4 N = k * 2 kg

Solving for k, we get:

k = 4 N / 2 kg = 2 N/kg

Now we can use this value of k to find the mass of an object that weighs 18 N. We can rearrange the equation above to solve for m:

m = w / k

Substituting w = 18 N and k = 2 N/kg, we get:

m = 18 N / 2 N/kg = 9 kg

Therefore, the mass of the object that weighs 18 N is 9 kg.

A waiter made $288 in tips after waiting on 12 tables. What was the waiter’s average tip per table?

A$24
B$13
C$15
D$16

Answers

Answer:

24

Step-by-step explanation:

Answer:

A. $24

Step-by-step explanation:

Given:

total of $288number of values is 12 tables

Solve for average tip:

Average is the same as the meanTo solve you have add up the total and divide by the total number of values288 / 12 = 24

Answer:

Thus, the waiter's average tip per table is $24.

The answer is A.

A machine in a factory makes chairs at rate of two chairs every 10 minutes how much time does the machine take to make five chairs how many minutes would it take for the factory to fulfill an order for 32 chairs show your work or explain how you determine your answers

Answers

If the machine makes 2 chairs every 10 minutes, then it makes 1 chair in 5 minutes (since 10/2 = 5).

To make 5 chairs, the machine will need 5 times as much time, which is 5 x 5 = 25 minutes.

To fulfill an order for 32 chairs, the machine will need to make 32/2 = 16 sets of 2 chairs.

This means the machine will take 16 x 10 = 160 minutes to make 32 chairs.

I obtained these answers by using basic math. First, I found out how many chairs the machine makes in one minute by dividing the rate of production (2 chairs every 10 minutes) by the number of minutes (10). That gave me the production rate of 1 chair every 5 minutes.

Using that production rate, I could then multiply it by the number of chairs I needed to find out how many minutes it would take for the machine to produce them.

For the order of 32 chairs, I used the production rate to figure out how many sets of two chairs the machine would need to make to reach the total amount. And then I multiplied that number by the time it takes to make two chairs (10 minutes) to get the total time it would take to produce 32 chairs.

Can someone please help me with this problem? I'm really struggling and the assignment is already late :(

Answers

The simplified exponential expression is given as follows:

[tex]21^6[/tex]

How to simplify the exponential expression?

The exponential expression in the context of this problem is defined as follows:

[tex]\frac{21^3 \times 21^5}{21^2}[/tex]

First we look at the numerator, when we have two terms with the same base and different exponents multiplying, we keep the base and add the exponents, hence:

21^3 x 21^5 = 21^8

Now we have the following division operation:

21^8/21^2.

When we have two terms with the same base and different exponents dividing themselves, we keep the base and subtract the exponents, hence:

21^(8 - 2) = 21^6.

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In art class students are mixing blue and red paint to make purple paint. Deondra
mixes 6 cups of blue paint and 7 cups of red paint. Arun mixes 2 cups of blue paint
and 3 cups of red paint. Use Deondra and Arun's percent of red paint to determine
whose purple paint will be redder.
Deondra percent of red paint (to nearest whole number) =
Arun percent of red paint (to nearest whole number) =
O Deondra's purple paint will be redder.
O Arun's purple paint will be redder.
o The two purple paints will be equally red.
Submit Answer
%
%
attempt 1 out of 2

Answers

Arun's purple paint will be redder.

Define percentage

Percentage is a way of expressing a proportion or a fraction as a number out of 100. It is represented by the symbol "%". For example, if you say that 20% of students in a class scored an A grade in a test, it means that 20 out of every 100 students received an A grade.

Deondra mixed 6 cups of blue paint and 7 cups of red paint, so the percent of red paint in her mixture is:

7 / (6 + 7) × 100% = 53.8%, which rounds to 54%.

Arun mixed 2 cups of blue paint and 3 cups of red paint, so the percent of red paint in his mixture is:

3 / (2 + 3) × 100% = 60%.

Since Arun's mixture has a higher percentage of red paint, his purple paint will be redder than Deondra's.

Therefore, the answer is Arun's purple paint will be redder.

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The width of the set of the shelves needs to be 5 times the height of the set of shelves and the set of shelves must have three shelves If there are 80 feet of wood to use to build the set of shelves what should the dimensions the set of shelves be?​

Answers

The dimensions of the set of shelves should be approximately 4.21 feet in height and 21.05 feet in width.

What is a linear equation?

When plotted on a coordinate plane, an algebraic equation known as a linear equation looks like a straight line. The variable (or variables) in this equation always have a greatest power of 1, making it a constant. In other words, a linear equation simply makes use of the fundamental operations of addition, subtraction, and multiplication of variables to the first power, as well as constants.

Given:

Width of the set of shelves = 5 times the height of the set of shelves

Number of shelves = 3

Total amount of wood available = 80 feet

Let's denote the height of the set of shelves as "h" and the width of the set of shelves as "w".

Using the first given information, we can write the equation:

Width (w) = 5 times the height (h) ==> w = 5h

Next, we know that the set of shelves has 3 shelves, so the number of shelves is fixed at 3.

Finally, we are given that we have 80 feet of wood available to build the shelves.

Using these equations, we can substitute w = 5h into the equation for the total amount of wood:

3w + 4h = 80

Substituting w = 5h, we get:

3(5h) + 4h = 80

15h + 4h = 80

19h = 80

h = 80/19

So, the height of the set of shelves is approximately 4.21 feet.

Now, substituting this value of h back into w = 5h, we get:

w = 5(4.21)

w = 21.05

So, the width of the set of shelves is approximately 21.05 feet.

Therefore, the dimensions of the set of shelves should be approximately 4.21 feet in height and 21.05 feet in width.

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Solve the equations using suntraction. Show all your work.
X-6y=11 and 2x-5y=1

Answers

We can solve the system of equations using the method of subtraction, which involves eliminating one variable by adding or subtracting two equations.

To use this method, we need to choose one variable to eliminate. In this case, we can eliminate the variable "x" by multiplying the first equation by 2 and the second equation by -1, and then adding the two resulting equations. This will give us an equation in terms of "y" that we can solve, and then use the solution to find the value of "x".

Here are the steps:

Multiplying the first equation by 2, we get:

2x - 12y = 22

Multiplying the second equation by -1, we get:

-2x + 5y = -1

Adding the two resulting equations, we get:

-7y = 21

Dividing both sides by -7, we get:

y = -3

Now that we have solved for "y", we can substitute this value back into either of the original equations to find the value of "x". Let's use the first equation:

x - 6y = 11

x - 6(-3) = 11

x + 18 = 11

Subtracting 18 from both sides, we get:

x = -7

Therefore, the solution to the system of equations using the method of subtraction is:

x = -7 and y = -3.

Which is the closest to the area of the shaded region in the given square containing a circle? (Use ≈ 3.14.)
10 m
21.5 square meters
50 square meters
O 78.5 square meters
O 100 square meters
5m

Answers

The area of the shaded region in the specified figure of the square containing a circle is 21.5 m², which is the first option

21.5 square meters

What is a square?

A square is a quadrilateral with all sides of the same length and four interior angles which are right angles.

The figure is a composite figure comprising of a square and a circle

The radius of the circle, r = 5 meters

The side length of the square = 10 meters

The value of π = 3.14

The area of the square = 10 m × 10 m = 100 m²

The area of the circle = π × (5 m)² = 25·π m²

The area of the shaded region is the difference between the area of the square and the area of the circle, therefore;

The area of the shaded region = (100 - 25·π) m²

The area of the shaded region is therefore; (100 - 25 × 3.14) m² = 21.5 m²

The area of the shaded region is 21.5 square meters

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At a train station in the morning rush hour, the Westbound train arrives every 9 minutes, and the Eastbound train arrives every 15 minutes. If both trains were just in the station, after how many minutes will both trains again be in the station at the same time?

Answers

Step-by-step explanation:

Find the LCM of 9 and 15

West   9    18     27    36     45  

East       15             30         45                   In 45 minutes

I BEG U FOR HELP WILL GIVE BRAINLIEST PLLSSSS

Answers

Answer:

3,4,5 is the answer

Step-by-step explanation:

for the explanation using pythagoras theoem

[tex] {3}^{2} + {4}^{2} = {5 \\ }^{2} \\ 3 \times 3 + 4 \times 4 = 5 \times 5 \\ 9 + 16 = 25 \\ 25 = 25[/tex]

may you give me branliest as you promised

The answer is 25 hope it helps

1. Dorie Sparrow, assistant manager of The Clothes Horse, Inc., must mark all clearance rack dresses back
to their regular selling price. She had marked all of them down 70%. What regular selling price does Dorie
need to sell a dress for that had been marked down to $104.98?

Answers

Therefore, Dorie needs to sell the dress for $349.93 in order to mark it back to its regular selling price.

What is selling price?

Selling price refers to the price at which a product or service is sold to customers. It is the amount of money that a buyer pays to the seller in exchange for the product or service. The selling price is usually higher than the cost price, which is the amount that the seller paid to acquire or produce the product or service. The difference between the selling price and the cost price is called the profit margin, and it is the profit that the seller makes on the sale of the product or service.

If a dress had been marked down 70%, this means that it is being sold for only 30% of its original selling price.

Let P be the original selling price of the dress. Then:

0.3P = $104.98

Solving for P, we get:

P = $104.98 / 0.3

P = $349.93

Therefore, Dorie needs to sell the dress for $349.93 in order to mark it back to its regular selling price.

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Need help with is question

Answers

Answer:

27.78%

Step-by-step explanation:

To calculate the percentage of the total spending that is on rent, we need to divide the amount spent on rent by the total amount spent, and then multiply by 100 to get the percentage.

Total spending = food + rent + other + fun

Total spending = $400 + $500 + $600 + $300

Total spending = $1800

So, the percentage of the total spending that is on rent is:

($500 / $1800) x 100% = 27.78%

Therefore, approximately 27.78% of the total spending is on rent.

if you dilate triangle ABC by a scale factor of 3 and (0,0) is the center, what will be the length of AB?

Answers

the new length of AB after a dilation by a scale factor of 3 with (0,0) as the center would be 3 times the original length of AB.

How to solve the question?

To find the new length of AB after a dilation by a scale factor of 3 with (0,0) as the center, we can use the following formula:

AB' = AB x 3

where AB' is the length of AB after the dilation, and AB is the original length of AB.

However, we need to first determine the length of AB in the original right triangle ABC. To do this, we can use the Pythagorean theorem, which states that in a right triangle, the square of the hypotenuse (the longest side) is equal to the sum of the squares of the other two sides.

Let's assume that AB is the hypotenuse of the right triangle ABC, and that AC and BC are the other two sides. Then we have:

AB²= AC²+ BC²

Without more information about the lengths of AC and BC, we cannot determine the value of AB. However, once we have determined the length of AB, we can use the formula above to find the new length of AB after dilation.

Assuming we know the length of AB in the original right triangle ABC, we can now use the formula for dilation to find the new length of AB:

AB' = AB x 3

For example, if AB is 5 units long in the original triangle, then after dilation, AB' would be:

AB' = 5 x 3 = 15 units

Therefore, the new length of AB after a dilation by a scale factor of 3 with (0,0) as the center would be 3 times the original length of AB.

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7. Can the following be the lengths of the sides of a triangle?
a. 20 cm, 40 cm, 50 cm
b. 20 cm, 40 cm, 60 cm
c. 41 cm, 250 mm, 12 cm​

Answers

Answer:

B

Step-by-step explanation:

THE TWO SMALLER SIDES = THE LARGER SIDE HENCE ITS A TRIANGLE

What is the range of the relation whose graph is shown?

Answers

The range of the relation whose graph is shown include the following: C. -1 ≤ y ≤ 1.

What is a domain?

In Mathematics and Geometry, a domain is the set of all real numbers for which a particular function is defined.

Additionally, the vertical extent of any graph of a function represents all range values and they are always read and written from smaller to larger numerical values, and from the bottom of the graph to the top.

By critically observing the graph shown in the image attached above, we can reasonably and logically deduce the following domain and range:

Domain = {-4, 4} or -4 ≤ x ≤ 4.

Range = {-1, 1} or -1 ≤ y ≤ 1.

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Alberto gets a fish tank

Answers

Jackson is on point. Of all fish, catfish make up one-third of the total.

How much gravel does Alberto add to the tank in pounds?

The United States of America, Great Britain, and other English-speaking countries predominately utilise the pound as a unit of weight.

Any quantity associated with something is assumed to contain one pound if it does. The pound is the most widely used weight unit in the English-speaking world, including Britain, America, and other nations.

Zebra danios make up half of all the fish.

More fancy guppies than catfish, by a factor of two.

x = guppies

2x = catfish

x + 2x = 1/2 of the fish population

3x = 1/2 of the fish population

3x * 2 = 6x

x = 1/6 number of fancy guppies

catfish:

2x = 2(1/6) = 2/6 = 1/3 catfish.

Jackson is on point. Of all fish, catfish make up one-third of the total.

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The complete question is,

Alberto puts 3 kinds of fish in his fish tank: zebra danios, fancy guppies, and cat fish. Half of Alberto's fish are zebra danios. He has 2 times as many catfish as he has fancy guppies. Alberto's friend Jackson says 1/3 of Alberto's fish are catfish. Is Jackson correct?

Triangle XYZ is drawn with vertices X(4, −5), Y(6, −1), Z(10, −8). Determine the line of reflection if Y′(−6, −1).

y-axis
x-axis
y = −1
x = 6

Answers

Answer:

To determine the line of reflection if the image of Y, Y′, is at (-6, -1), we need to find the perpendicular bisector of the line segment connecting Y and Y′. This perpendicular bisector will be the line of reflection.

The midpoint of the line segment YY′ is:

[(6 + (-6))/2, (-1 + (-1))/2] = (0, -1)

The slope of the line segment YY′ is:

(-1 - (-1))/(-6 - 6) = 0/(-12) = 0

Since the slope of YY′ is 0, the perpendicular bisector of YY′ is a vertical line passing through its midpoint (0, -1), which is the y-axis. Therefore, the line of reflection is the y-axis.

Evaluate the expression for the given value.

–a – 7 for a = –4

A11
B–11
C3
D–3

Answers

The answer for -a - 7 for a =-4 is -3

A local department store can sell 100 gaming systems at a price of $180 each. Research
shows that for each $18 price increase, the store will sell 4 fewer systems, and vice versa.
a. Find a linear price equation for the gaming system. That is, express the price, p, as a
function of the quantity, q. (2 points)
b. Use your answer from (a) to find the revenue equation.
c. Use your knowledge of quadratic functions to find the price and quantity sold that will maximize revenue.

Answers

Therefore, the price that maximizes revenue is $135, and the quantity sold at that price is q0/2.

What is the unit price?

In order to find the unit price of a certain item, we just need to divide the total price paid (or total cost) by the number of items bought.

According to given information

a. Let x be the number of $18 price increases from the original price of $180, and let y be the corresponding decrease in the number of gaming systems sold. Then we have the data point (x, y) = (0, 0) and the slope of the line is -4/18 = -2/9. Using the point-slope form of a linear equation, we have:

y - 0 = (-2/9)x

y = (-2/9)x

Substituting x = 18n, where n is the number of $18 price increases, we have:

y = (-2/9)(18n) = -4n

Let q be the quantity of gaming systems sold at a price of $180. Then the equation for the price of the gaming system as a function of the quantity sold is:

p(q) = 180 + 18n = 180 + 18(q - q0)/4 = 180 + (9/2)(q - q0),

where q0 is the quantity of gaming systems sold at the original price of $180.

b. The revenue equation is given by R(q) = q*p(q). Substituting the expression for p(q) found in part (a), we have:

R(q) = q*(180 + (9/2)(q - q0)) = (9/2)q^2 + (180 - 9q0/2)q

c. To find the price and quantity sold that will maximize revenue, we can differentiate the revenue equation with respect to q, set the derivative equal to zero, and solve for q:

R'(q) = 9q - 9q0/2 = 0

q = q0/2

Substituting q = q0/2 into the revenue equation, we have:

R(q0/2) = (9/2)(q0/2)^2 + (180 - 9q0/2)(q0/2)

R(q0/2) = (9/8)*q0^2 + (45/2)*q0

To find the corresponding price, we can use the expression for p(q) found in part (a):

p(q0/2) = 180 + (9/2)(q0/2 - q0)

p(q0/2) = 135

Therefore, the price that maximizes revenue is $135, and the quantity sold at that price is q0/2.

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An economy is operating with output $400 billion above its natural level, and fiscal policymakers want to close this expansionary gap. The central bank agrees to adjust the money supply to hold the interest rate constant, so there is no crowding out. The marginal propensity to consume is 3/4, and the price level is completely fixed in the short run.

to close the expansionary gap, the government would need to increase or decrease spending by $ billion.

Answers

Hence, to close the expansionary gap, the government would need to decrease spending by $100 billion.

To close the expansionary gap, the government would need to decrease spending by $100 billion.

The formula to calculate the change in equilibrium output due to a change in government spending is:

∆Y = (∆G / (1 - MPC))

Where:

∆Y = change in equilibrium output

∆G = change in government spending

MPC = marginal propensity to consume

Here, the output is $400 billion above its natural level, and the central bank agrees to adjust the money supply to hold the interest rate constant, so there is no crowding out. Therefore, we can assume that the change in government spending (∆G) would have a one-to-one effect on the equilibrium output (∆Y).

Given that MPC = 3/4, we can plug in the values into the formula:

400 = (∆G / (1 - 3/4))

∆G = (1 - 3/4) * 400

∆G = (1/4) * 400

∆G = 100

Hence, to close the expansionary gap, the government would need to decrease spending by $100 billion.

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Which of the numbers 0, 1, 2, 3 or 4 make the equation 8/y2 + 2 true?

Answers

None of the given numbers make the equation 8/y² + 2 true.

What is algebra?

Algebra is a branch of mathematics that deals with mathematical operations and symbols used to represent numbers and quantities in equations and formulas.

To solve this problem, we can substitute each of the given numbers (0, 1, 2, 3, 4) for y in the equation 8/y² + 2 and see if the equation is true.

Substituting y=0 would make the denominator of the fraction zero, which is undefined, so y=0 is not a valid choice.

Substituting y=1 would give us:

8/1² + 2 = 8 + 2 = 10

So, 1 is not the answer.

Substituting y=2 would give us:

8/2² + 2 = 8/4 + 2 = 2 + 2 = 4

So, 2 is not the answer.

Substituting y=3 would give us:

8/3² + 2 = 8/9 + 2 = 0.888 + 2 = 2.888

So, 3 is not the answer.

Substituting y=4 would give us:

8/4² + 2 = 8/16 + 2 = 0.5 + 2 = 2.5

So, 4 is not the answer.

Therefore, none of the given numbers make the equation 8/y² + 2 true.

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