can you help me with these questions?
A hair stylist rents a chair at an independent salon for the price of 500 dollars per week
and additionally pays 15 per cent of revenue back to the salon. Suppose that the hair
stylist's average revenue is 120 dollars per client.
1. what is the weekly cost function based on average revenue per client.
(the variable cost must be calculated based on average
revenue per client.)
2.
What is the weekly revenue function.
thank you.
maths question.......?
2016-08-18 3:24 am
回答 (2)
2016-08-18 3:37 am
Let us assume that the hair stylist works on X clients in a week.
Then weekly income = 120X
Weekly Cost, C = weekly rent of chair + 15% of weekly income
C = 500 + 0.15(120X)
C = 500 + 18X
Weekly Revenue , R = Weekly income - weekly cost
R = 120X - (500 + 18X)
R = 102X - 500
Then weekly income = 120X
Weekly Cost, C = weekly rent of chair + 15% of weekly income
C = 500 + 0.15(120X)
C = 500 + 18X
Weekly Revenue , R = Weekly income - weekly cost
R = 120X - (500 + 18X)
R = 102X - 500
2016-08-18 3:34 am
1.)
Assume there are x clients in that week. It then follows that the weekly cost function can be written as:
C = 500 + 0.15(120x) = 500 + 18x
2.)
Weekly Revenue = R = 120x
Assume there are x clients in that week. It then follows that the weekly cost function can be written as:
C = 500 + 0.15(120x) = 500 + 18x
2.)
Weekly Revenue = R = 120x
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