Based on the quantity sold and the price, the profit per unit is <u>$5</u> and the total profit is<u> $2,500</u>
The profit made from each unit sold can be found as:
<em>= Market price - Average cost </em>
= 14 - 9
= $5
The total profit would therefore be:
<em>= Profit per unit x Number of units sold </em>
= 5 x 500
= $2,500
In conclusion, the profit per unit is $5 and the total profit is $2,500
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The distance of the spaceship in discuss as in the task content given can be evaluated as; 800miles.
<h3>What is the distance the spaceship travels in 4 minutes?</h3>
The distance travelled by the spaceship in discuss can be evaluated by means of the slope of the linear relationship as follows;
Hence it follows from ratios that by observation, the linear relationship has a slope of 200mi/min.
Consequently, we can evaluate the distance travelled after 4 minutes as;
Distance = 200 × 4 = 800mi.
Ultimately, the distance travelled per minute by the spaceship is; 800mi.
Remarks:
600 miles
520 miles
800 miles
1,080 miles
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He would want to charge $0.85 per glass of lemonade to cover his expenses and have $10.00 profit. But in reality he would'nt make $17.00 because people don't carry freaking nickels and dimes.
First, you need to divide 12.5/2.5= 5. After that, you need to multiply 17.50x5=87.50. So your answer is $87.50.