Question 1

The Cacti Company manufactures and sells succulent gardens.The gardens have an expense equation of E = 4.7q + 34,000.The average cost per garden is $12.50 when 2,500 are produced.

Accepted Answer

A) True 
 B)False  False

Question 2

In what shape is the graph of a revenue function?

Accepted Answer

Downward-facing parabola

Question 3

A market research firm was looking to form 45 different pairs of students from a group of students selected randomly.How many students were in that group?

Accepted Answer

10;It is impossible to have a group of -9 students.

Question 4

Custom Tees has determined that its variable of producing t-shirts is due to increases in the price of cotton.Their expense function was recently adjusted from E = -1040p + 91,520 to E = -900p + 91,520.If the breakeven point before the adjustment was $16,what will be the net percent change in expenses if the price is left at $16?

Accepted Answer

The answer of Custom Tees has determined that its variable...

Question 5

The graph shows the supply and demand curves for a Cajun spice mix that Leroy manufactures in a home business.What will happen if Leroy sets the price at $3.99? ​  ​

Accepted Answer

A)   The supply will exceed the demand.
B)   The demand will exceed the supply.
C)   The market will be in equilibrium.
D)   Five hundred spice mixes will be demanded.

Question 6

The zeros of a quadratic function can be found by which of the following methods?

Accepted Answer

A)   Factoring
B)   Quadratic formula
C)   Completing the square
D)   All of the answer choices are correct.

Question 7

The dashed line represents the expense function,and the solid line represents the revenue function.

Accepted Answer

A) True 
 B)False

Question 8

A company manufactures and sells cutting boards for $7 wholesale and recommends a markup of $2.70 for a selling price of $4.30.

Accepted Answer

A) True 
 B)False

Question 9

A startup company selling cell phone cases noticed the following trend in the demand for its product.Find the equation of the demand function.

Accepted Answer

The answer of A startup company selling cell phone cases...

Question 10

AAA Dance Shoes makes dancing shoes with leather soles.The shoes cost $29 to manufacturer.The fixed cost for the product line is $45,000.The company has determined their demand function to be q = -200p + 30,000,where p is the price for each pair of shoes.Write the expense and revenue functions in terms of price.

Accepted Answer

The answer of AAA Dance Shoes makes dancing shoes with...

Question 11

The graph shows the supply and demand for a widget.What happens if the price is set at $25?
​

Accepted Answer

The answer of The graph shows the supply and demand...

Question 12

What is it called when the expenses and the revenue are equal,so there is no profit or loss?

Accepted Answer

The answer of What is it called when the expenses...

Question 13

In the revenue equation R = -360p2 + 28,800p,what is the highest price that should be set that leads to a revenue of $540,000?

Accepted Answer

A)   $30.00
B)   $1,500.00
C)   $80.00
D)   $50.00

Question 14

Marsha used a graphing calculator to graph an expense and a revenue function for her family's printing business.The graph looked like the one below.What are the approximate breakeven points? ​

Accepted Answer

A)   75,000 and 38,000
B)   120,000 and 52
C)   15 and 47
D)   8 and 52

Question 15

A company that produces lawn chairs uses market surveys and linear regression to develop a demand function based on the wholesale price.The demand function is q = -110p + 7,500.At a price of $45,how many lawn chairs are demanded?

Accepted Answer

A)   1,750
B)   2,550
C)   4,950
D)   12,450

Question 16

Custom Tees has determined that its expense and revenue functions are E = −1040p + 91,520 and R = -260p² + 15,600p − 108,160.At which price points can the company expect to break even?

Accepted Answer

The answer of Custom Tees has determined that its expense...

Question 17

Examine the graph below.At what price is the maximum profit? ​

Accepted Answer

A)   $24
B)   $48
C)   $27,000
D)   $62,000

Question 18

Toby's Tiny Toys have an expense equation of E = 12.45q + 53,900.Toby's sell its toys for $16.50 each,and its revenue equation is R = 16.5q.How many tiny toys does it have to sell to reach its breakeven point?

Accepted Answer

The answer of Toby's Tiny Toys have an expense equation...

Question 19

The price that a manufacturer charges a retailer for an item is the wholesale price.

Accepted Answer

A) True 
 B)False

Question 20

There are 12,650 ways a teacher can group 4 students in a class that has 25 students.

Accepted Answer

A) True 
 B)False

Exam 9: Modeling a Business

The Cacti Company manufactures and sells succulent gardens.The gardens have an expense equation of E = 4.7q + 34,000.The average cost per garden is $12.50 when 2,500 are produced.

In what shape is the graph of a revenue function?

A market research firm was looking to form 45 different pairs of students from a group of students selected randomly.How many students were in that group?

The graph shows the supply and demand curves for a Cajun spice mix that Leroy manufactures in a home business.What will happen if Leroy sets the price at $3.99?

The zeros of a quadratic function can be found by which of the following methods?

The dashed line represents the expense function,and the solid line represents the revenue function.

A company manufactures and sells cutting boards for $7 wholesale and recommends a markup of $2.70 for a selling price of $4.30.

A startup company selling cell phone cases noticed the following trend in the demand for its product.Find the equation of the demand function.

The graph shows the supply and demand for a widget.What happens if the price is set at $25?

What is it called when the expenses and the revenue are equal,so there is no profit or loss?

In the revenue equation R = -360p² + 28,800p,what is the highest price that should be set that leads to a revenue of $540,000?

Marsha used a graphing calculator to graph an expense and a revenue function for her family's printing business.The graph looked like the one below.What are the approximate breakeven points?

A company that produces lawn chairs uses market surveys and linear regression to develop a demand function based on the wholesale price.The demand function is q = -110p + 7,500.At a price of $45,how many lawn chairs are demanded?

Custom Tees has determined that its expense and revenue functions are E = −1040p + 91,520 and R = -260p² + 15,600p − 108,160.At which price points can the company expect to break even?

Examine the graph below.At what price is the maximum profit?

Toby's Tiny Toys have an expense equation of E = 12.45q + 53,900.Toby's sell its toys for $16.50 each,and its revenue equation is R = 16.5q.How many tiny toys does it have to sell to reach its breakeven point?

The price that a manufacturer charges a retailer for an item is the wholesale price.

There are 12,650 ways a teacher can group 4 students in a class that has 25 students.

Exam 9: Modeling a Business

The Cacti Company manufactures and sells succulent gardens.The gardens have an expense equation of E = 4.7q + 34,000.The average cost per garden is $12.50 when 2,500 are produced.

In what shape is the graph of a revenue function?

A market research firm was looking to form 45 different pairs of students from a group of students selected randomly.How many students were in that group?

The graph shows the supply and demand curves for a Cajun spice mix that Leroy manufactures in a home business.What will happen if Leroy sets the price at $3.99? ​ ​

The zeros of a quadratic function can be found by which of the following methods?

The dashed line represents the expense function,and the solid line represents the revenue function.

A company manufactures and sells cutting boards for $7 wholesale and recommends a markup of $2.70 for a selling price of $4.30.

A startup company selling cell phone cases noticed the following trend in the demand for its product.Find the equation of the demand function.

The graph shows the supply and demand for a widget.What happens if the price is set at $25? ​

What is it called when the expenses and the revenue are equal,so there is no profit or loss?

In the revenue equation R = -360p2 + 28,800p,what is the highest price that should be set that leads to a revenue of $540,000?

Marsha used a graphing calculator to graph an expense and a revenue function for her family's printing business.The graph looked like the one below.What are the approximate breakeven points? ​

A company that produces lawn chairs uses market surveys and linear regression to develop a demand function based on the wholesale price.The demand function is q = -110p + 7,500.At a price of $45,how many lawn chairs are demanded?

Custom Tees has determined that its expense and revenue functions are E = −1040p + 91,520 and R = -260p2 + 15,600p − 108,160.At which price points can the company expect to break even?

Examine the graph below.At what price is the maximum profit? ​

Toby's Tiny Toys have an expense equation of E = 12.45q + 53,900.Toby's sell its toys for $16.50 each,and its revenue equation is R = 16.5q.How many tiny toys does it have to sell to reach its breakeven point?

The price that a manufacturer charges a retailer for an item is the wholesale price.

There are 12,650 ways a teacher can group 4 students in a class that has 25 students.

The graph shows the supply and demand curves for a Cajun spice mix that Leroy manufactures in a home business.What will happen if Leroy sets the price at $3.99?

The graph shows the supply and demand for a widget.What happens if the price is set at $25?

In the revenue equation R = -360p² + 28,800p,what is the highest price that should be set that leads to a revenue of $540,000?

Marsha used a graphing calculator to graph an expense and a revenue function for her family's printing business.The graph looked like the one below.What are the approximate breakeven points?

Custom Tees has determined that its expense and revenue functions are E = −1040p + 91,520 and R = -260p² + 15,600p − 108,160.At which price points can the company expect to break even?

Examine the graph below.At what price is the maximum profit?