Chloe's college raises the cost of room and board per semester. This increase raises Chloe's opportunity cost of attending colle
ge
1 answer:
Answer:
The answer is "Option C"
Step-by-step explanation:
The choices were missing in the question, which is defined in the attached file please find it.
To attend university, Chole should pay the cost of a room and board each semester. Even though the Chole will not be in college, she will still have a room as well as a board and continue living.
- If she will not attend college, it also has to equate rooms and board costs per six months since increase towards the room or board charges.
- If there's an increase in rooms and boarding costs because she did not understand below the rise in their school fees, therefore the financial cost reduces that desire of she attend.
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Answer:
To make a profit of at least $500 she must sell at least 12 necklaces
Step-by-step explanation:
Joyce rented a booth at a carnival at a cost of $95 to sell handmade beaded necklaces. The cost of making and packaging each beaded necklace was $15. If Joyce sells the beaded necklaces at $35 each then we have to find beaded necklaces she sell to make a profit of at least $500.
The costs side of the equation, we have:
Let no. of necklaces that she sell are x
∴ The cost of making and packaging x beaded necklace is $15x
Total Cost = 95+15x
Now, Joyce sells the beaded necklaces at $35 each. Therefore, selling price will be $35x
To make a profit of at least $500 the equation can be written as
⇒
Hence, to make a profit of at least $500 she must sell at least 12 necklaces