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Wewaii [24]
4 years ago
14

Bobby decides to sell lemonade on a hot summer day. If Bobby sells 20 glasses of lemonade for $0.20 per cup, and his average tot

al cost is $0.17, what are Bobby's economic profits for the day? a. $0.60 b. $0.00 c. $0.20 d. $0.80
Mathematics
1 answer:
borishaifa [10]4 years ago
5 0

Answer:

Bobby's economic profits for the day is $0.60.

Step-by-step explanation:

Bobby sells 20 glasses of lemonade for $0.20 per cup.

Amount earned = 20\times0.20=4 dollars

The average total cost is $0.17.

So, difference in selling amount and average = 0.20-0.17=0.03 dollars

Therefore, Bobby's economic profits for the day is = 20\times0.03=0.60 dollars

Hence, the answer is $0.60.

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Answer:

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Step-by-step explanation:

Since its 130%, you know there was already a whole increase. So first you would do 1.279 + 1.279, which would give you 2.558. Then you need to calculate 30% of 1.279 for the rest of the increase. That gives you 0.3837 Add 2.558 and 0.3837 together, which would give you 2.9417. To get the INCREASE, you would have to subtract the new total from the original price, so 2.9417 - 1.279. This would give you 1.6627.

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3 years ago
How do you convert from a radical expression to a rational exponent?
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3 years ago
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wolverine [178]

Answer:

75°

Step-by-step explanation:

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