Yaad Peanut is a company in Jamaica. They produce peanut butter. Each jar sells for $800. the company incurs a variable cost of $100 per jar of peanut butter and fixed cost of $2,000,000 per annum. In this period, they are able

Yaad Peanut is a company in Jamaica. They produce peanut butter. Each jar sells for $800. the company incurs a variable cost of $100 per jar of peanut butter and fixed cost of $2,000,000 per annum. In this period, they are able

College Algebra

10th Edition

ISBN:9781337282291

Author:Ron Larson

Publisher:Ron Larson

Chapter2: Functions And Their Graphs

Section: Chapter Questions

Problem 45CT: A group of npeople decide to buy a 36,000minibus. Each person will pay an equal share of the cost....

See similar textbooks

Related questions

Q: 2. Sarah is a newly recruited revenue manager of Rose hotel that is a 300-room family owned hotel in…

A: The expectation of a discrete random variable X, denoted by E(X), is defined as a measure of central…

Q: A study about the blood glucose levels (in mg/dL) of diabetic patients is performed. You wish to…

A: Note: Hi! Thank you for the question. As you have posted multiple sub-parts, according to our…

Q: bin contains 4 red and 3 green balls. 3 balls are chosen at random, with replacement. Let the…

A: Given 7 balls=3(green)+4(red) X be the number of green colour Note: According to Bartleby…

Q: Statistics Class Times A professor wishes to see if students show a time preference for statistics…

A: Chi square test are used to determine whether the variables are independent or not. It also used to…

Q: "A large candy manufacturer produces, packages and sells packs of candy targeted to weigh 52 grams.…

A: Given: Sample size, n=20 Sample variance, s2=3.5 Confidence level=0.90 We need to determine the…

Q: Use a 0.05 significance level to test the claim that there is a difference between the actual and…

A: T test is the type of parametric test. It follows the assumption of normal distribution. It compare…

Q: Assume that the heights of American men are normally distributed with a mean of 69.0 inches and a…

A: From the provided information, Mean (µ) = 69.0 Standard deviation (σ) = 2.8 X~N (69.0, 2.8)

Q: 7) (T/F) The odds ratio can be computed from probability values and represents another way of…

A: If m items is favourable to the event A and n of them are unfavourable to the event A. Then odds in…

Q: x <- c(8.23, 8.97, 2.72, 1.09, 2.03, 8.07, 8.92, 2.14, 5.6, 2.43, 0.49, 5.8, 5.38, 5.89, 2.31, 5.05,…

A: Hello! As you have posted more than 3 sub parts, we are answering the first 3 sub-parts. In case…

Q: The following data show the number of contacts that a sample of high school students had in their…

A: Given The data is as follows: Male Female 124 30 41 83 29 116 27 22 44 173 87 155…

Q: Use the technology display, which results from the head injury measurements from car crash dummies…

A: Hello! As you have posted more than 3 sub parts, we are answering the first 3 sub-parts. In case…

Q: Bill Alther is a zoologist who studies Anna's hummingbird (Calypte anna).† Suppose that in a remote…

A: The sample mean is 3.75, population standard deviation is 0.98 and sample size is 6.

Q: Here is a data set: 51 47 41 68 41 43 72 57 57 67 55 63 58 56 47 76 73 59 56 57 60 53 47 53 45 55 59…

A: data in accending order :…

Q: Describe your dataset here, add a screenshot of it. # of variables: # of observations: Size of the…

A: Data analysis

Q: Suppose that, according to a recent census, the income per capita measured in U.S. dollars was…

A: The central limit theorem states about sampling distribution. As per central limit theorem, the…

Q: Find the z-score where 95% (.95) of the curve is below this z-score and 5% (.05) is above. Find…

A: It is given that the z-score is Z = ( X - μ )/σ ~ N( 0, 1 ).

Q: Can movie rental revenue be predicted? A movie studio wishes to determine the relationship between…

A: The given regression equation is y^=4.08+0.14x.

Q: The data represent the results for a test for a certain disease. Assume one individual from the…

Q: An automobile manufacturer timed a random sample of 10 mechanics in the performance of a particular…

A: Given n=sample size=10, sample standard deviations s=2.68 Level of significance ɑ=0.05

Q: The average salary for American college graduates is $40,700. You suspect that the average is…

A: Given,sample size(n)=54sample mean(x¯)=$46,049standard deviation(s)=$11,980and α=0.05

Q: Several psychology students are unprepared for a surprise true/false test with 24 questions, and all…

A: It is given that several psychology students are unprepared for a surprise true/false test with 24…

Q: A researcher is interested in finding a 90% confidence interval for the mean number minutes students…

A: Introduction: Denote μ as the true mean time (minutes) a student concentrates on their professor…

Q: Assume the commute times for people iving in San Francisco are normally distributed with a mean of…

A: Given that For San Francisco Mean = 41 , Standard deviation = 8.2 For New York Mean = 53 ,…

Q: Education developers are challenging whether the enrollment rate at online educational events…

A: given data year 2022 : n1 = 200x1 = 168year 2021 : n2 = 200x2 = 179α = 0.01claim : p1 < p2

Q: (a) What is the pmf of X? (b) Find F(3.4) and F(6-) (c) Using just the cdf, compute P(3<X≤4.5), P…

A: Let X be the random variable that is the number of months between successive payments. The cdf of X…

Q: # 2 A sample of 64 airplanes gave a mean air time (time spent flying) of 49 hours. If the standard…

A: Given,population standard deviation(σ)=14.8sample mean(x¯)=49sample size(n)=64

Q: Find the best predicted value of y corresponding to the given value of x. ^ 44) Six pairs of data…

A: We have given that Six pair of data (n) = 6 r = 0.444 Regression equation ŷ = 5x + 2, and ȳ = 18.3

Q: 2. A p chart has been used to monitor the quality of output of a certain mechanical device. At…

A: Given that μp=0.015 and n=550

Q: Assume the random variable x is normally distributed with mean μ = 84 and standard deviation o= 5.…

A: Given that Mean = 84 , Standard deviation = 5

Q: Read the Student's t Table that is in the instructions of this test. Two tail Alpha= 0.05 n = 18…

A: Given information- We have given the two-tailed hypothesis. Significance level, α = 0.05 Sample…

Q: It is desired to know the true proportion of divers who get "the bends" (sickness from nitrogen in…

A: given data 92% ci for p p^ = 0.21n = ?E = 0.04

Q: Question 8. During September 2018, United Airlines introduced a new two-line boarding process…

A: From given data we have :x¯1=7 x¯2=12n1=41.5n2=54.9s1=9.1s2=14.1

Q: 2. The amount of rainfall per month in Gotham City is normally distributed with a mean of 2.75…

A: The question is about sampling dist. Given : Popl. mean amount of rainfall per month ( μ ) = 2.75…

Q: A simple random sample of size n=15is drawn from a population that is normally distributed. The…

A: The sample size is n=15. The sample mean is x¯=18.5. The sample standard deviation is s=6.3. The…

Q: The times in hours for 200 people who ran the New York marathon are Mean 2.41 hours, standard…

Q: A transportation agency would like to compare the average amount of time it takes passengers to pass…

A: Given that We have to test hypothesis for the claim that the average amount of time it takes…

Q: lighting company ships decorative strings of lights across the country. The strings of lights range…

Q: Medians 11.9% 11.5 88 5.2 Use a 2x2 contingency table for questions 1-3. Use the median to divide…

A: Given information: State Poverty% GunDeaths H.S.Grad's Unemployment New Jersey 6.80% 5.7 91.8…

Q: QUESTIONS D, E, F , G, H I J ANSWERS?

A: As per our guidelines I can solve only mentioned first 3 subparts. Kindly post the remaining…

Q: Suppose the age that children learn to walk is normally distributed with mean 13 months and standard…

A: Note: If the post contains multiple sub parts of question only allow to do first three sub parts as…

Q: a. For this study, we should use Select an answer b. The null and alternative hypotheses would be:…

A: It is given that Population proportion, p = 52% = 0.52 Favourable cases, X = 162 Sample size, n =…

Q: The more certain that we need to be that the interval estimate contains the population parameter,…

A: Objective of this question is that above statement is TRUE or FALSE.

Q: GIVEN: A researcher aims to know the impact of COVID-19 on the companies in Southwest America…

A: Here we are given a paragraph. We have to answer some questions regarding the research.

Q: Complete the following probability distribution table: X -13 11 28 45 66 80 P(X) 0.13 0.12 0.18 0.15…

A: Given that Sum of all probabilities is equal to 1 ΣP(X) = 1

Q: Find the probability that a customer chosen at random purchased a car. Find the probability that a…

A: Given that Car = 71 , Male = 112 , Van = 38 , SUV = 53 , Total = 200 Note : According to bartleby…

Q: Suppose a jar contains 8 red marbles and 23 blue marbles. If you reach in the jar and pull out 2…

A: Given that Total marbles = 8 + 23 = 31 Red marbles = 8 Blue marbles = 23 2 marbles are drawn at…

Q: Assume that adults have IQ scores that are normally distributed with a mean of 100.1 and a standard…

Q: Suppose a designer has a palette of 15 colors to work with, and wants to design a flag with 3…

A: The designer has a palette of 15 colors and he needs to choose 3 colors. The colors chosen for the…

Q: R4.1. uality control A consumer organization estimates that 29% of new cars have a cosmetic defect,…

A: Note:- “Since you have posted a question with multiple sub-parts, I will solve first three sub-…

Q: 6) Test the claim that men and women have the same mean Grade. Men Women n = n = x = x = s = s 7)…

A: Given information: Gender Quizzes Homework Reviews Exams Grade F 97 96 90 91 94 F 59 68 45 78…

Question

Yaad Peanut is a company in Jamaica. They produce peanut butter. Each jar sells for $800. the
company incurs a variable cost of $100 per jar of peanut butter and fixed cost of $2,000,000 per
annum. In this period, they are able to produce 200,000 jars.

Write a formula for the total revenue and the total cost incurred by Yaad Peanut

Determine when Yaad Peanut can break even

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

SEE SOLUTION Check out a sample Q&A here

Step 1

VIEW

Step 2

VIEW

Step by step

Solved in 2 steps with 2 images

SEE SOLUTION Check out a sample Q&A here

Similar questions

A group of npeople decide to buy a 36,000minibus. Each person will pay an equal share of the cost. When three additional people join the group, the cost per person will decrease by 1000.Find n.
In the situation of the example, how long could you keep the car if your expense account allowed 242?
Elliot has a landscape maintenance business. His monthly expenses are $1,100. If he charges $60 per job, how many jobs must he do to earn a profit of at least $4,000 a month?
Rameen’s heating bill is $5.42 per month plus $1.08 per therm. How many therms can Rameen use if he wants his heating bill to be a maximum of $87.50.
Due to the drought in California, many communities have tiered water rates. There are different rates for Conservation Usage, Normal Usage and Excessive Usage. The usage is measured in the number of hundred cubic feet (hcf) the property owner uses. During the winter, a property owner will pay $24.72 plus $1.54 per hcf for Normal Usage. The bill for Normal Usage would be between or equal to $49.36 and $86.32. How many hcf will he be allowed to use if he wants his usage to stay in the normal range?
Due to the drought in California, many communities now have tiered water rates. There are different rates for Conservation Usage, Normal Usage and Excessive Usage. The usage is measured in the number of hundred cubic feet (hcf) the property owner uses. During the summer, a property owner will pay $24.72 plus $1.32 per hcf for Conservation Usage. The bill for Conservation Usage would be between or equal to $31.32 and $52.12. How many hcf can the owner use if she wants her usage to stay in the conservation range?