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Zina [86]
3 years ago
13

It costs a firm that sells t-shirts $5 to sell a single t-shirt. This firm makes $15 in revenue from each t-shirt it sells. If t

his firm sells 20 t-shirts, what is its total profit? g
Business
1 answer:
zimovet [89]3 years ago
3 0

Answer:

$200

Explanation:

total profit = total revenue - total cost

average cost = $5

average revenue =  $15

total revenue = average revenue x quantity = $15 x 20 = $300

total cost = average cost x quantity = $5 x 20 = $100

total profit = $300 - $100 = $200

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