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Alenkasestr [34]
3 years ago
7

Kristi sells purses. Her cost is $35 per purse. On a certain day, she sells 12 purses, and her producer surplus for that day amo

unts to $180. Kristi sold each purse for Group of answer choices $65 $50 $45 $53
Business
1 answer:
aleksandrvk [35]3 years ago
4 0

Answer:

$50

Explanation:

The computation of the selling  price of each purse is shown below:

As we know that

Selling price = Total value ÷ number of purses sold

where,

Total value is

= Cost of the purse × number of purses sold + producer surplus

= $35 × 12 purses + $180

= $600

And, the number of purses sold is 12

So, the selling price of each purse is

= $600 ÷ 12 purses

= $50

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