solution:
= $15 for 3 packages
= 5 packages per dollar (15/3)
Answer:
D....................
Step-by-step explanation:
Since the function f(x) is written in the form y = mx + b, where m is the slope and b is the y-intercept, it currently has a y-intercept of b = 6. If this function is shifted downwards (vertically) by 12 units, its new y-intercept will be:
We have that
Profit margin is calculated by finding the net profit as a percentage of the revenue
Profit margin = [Net profit / Revenue]
Net profit= [Revenue-Cost]
we know that
Revenue = $16.25 million
Cost = $13.5 million + $2.7 million
Net profit = [16.25 million - (13.5 million + 2.7 million)]
Net profit = $0.05 million
Profit margin = 0.05 / 16.25
Profit margin = 0.003077 or 0.3077%
