Question
types of discounts
Discounts are a common marketing tactic used by businesses to encourage customers to purchase their products or services. Discounts are a reduction in the price of a product or service, typically expressed as a percentage of the original price. There are several types of discounts that businesses can offer to their customers, including:
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A stereo manufacturer determines that in order to sell x units of a new stereo, the price per unit, in rupees, must be p(x)= 1000 - x. The manufacturer also determines that the total cost of producing x units is given by C(x) = 3000 + 20x.
Explain with example the properties of matrix multiplication.
How many units must the manufacturer produce and sell in order to maximize profit?
What do you mean by method of factorization and method of substitution?
Find the total revenue R(x)
Regression
How do you identify an inferior good on the basis of income elasticity of demand?
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