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77julia77 [94]
3 years ago
5

Using this table, calculate the profit at each level of running shoe inserts production.

Mathematics
2 answers:
pentagon [3]3 years ago
7 0

Answer:

1 pair = 23

2 pair = 51

3 pair - 80

4 pair - 109

5 pair = 137

Step-by-step explanation:

Profit = Total revenue - total cost

If we make 1 pair of running shoe inserts

 Profit = 30-7 =23

If we make 2 pairs of running shoe inserts

 Profit = 60-9 =51

If we make 3 pairs of running shoe inserts

 Profit = 90-10 =80

If we make 4 pairs of running shoe inserts

 Profit = 120-11 =109

If we make 5 pairs of running shoe inserts

 Profit = 150-13 =137

natima [27]3 years ago
6 0

Answer:

To find the answer, subtract the total cost of producing the shoe from the total revenue (money made) to find the profit (money made after repaying the cost).

Pair 1: 30 - 7 = 23

$23 is the profit

Pair 2: 60 - 9 = 51

$51 is the profit

Pair 3: 90 - 10 = 80

$80 is the profit

Pair 4: 120 - 11 = 109

$109 is the profit

Pair 5: 150 - 13 = 137

$137 is the profit

---------------------------------------------------------------------------------------------------------

If the question below asks you which one you should choose, keep in mind that just because there are higher profits <em>does not mean</em> you should choose the choice (with the highest). This would decrease the likely-hood that a consumer would buy it (as it is too expensive), and lower your consumer pool. Instead, choose one that is towards the middle.

~


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