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olasank [31]
2 years ago
15

Bobby decides to sell lemonade on a hot summer day. If Bobby sells 25 glasses of lemonade for $5.00 per cup, and his average tot

al cost is $4.40, what are Bobby's economic profits for the day
Business
1 answer:
bulgar [2K]2 years ago
5 0

Answer:

$ 120.60

Explanation:

25 glasses * $ 5/ glass = 125 dollars gross income

income - expense = profit

125 - 4.40 = 120.60 profit

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The quart is the same as one quarter of a gallon and it is used for measuring liquid. The gallon is also a unit of measurement for liquid as well.

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