Answer:
Investment is a source of Income.
<h3>OR</h3>
Self Employment Income
Answer:
Altogether they made $24 which is enough to earn $12 each
Step-by-step explanation:
Important information:
1 cup: $0.75
4 cups = 1 quart
8 quarts of lemonade altogether
If we are looking to solve for the revenue earned based on quarts, we must first solve for how much money they make on 1 quart
Since 1 cup sells for $0.75 and 4 cups makes up a quart, we must multiply
0.75 × 4 = 3
They make $3 per 1 quart
We are looking for the amount for 8 quarts though, not just 1. Again we must multiply
3 × 8 = 24
They will make $24 if they sell all 8 quarts
The questions ask if they will <em>each</em> earn $12
Since there are two of them, Miles and Lucy, we must divide revenue earned by 2, the number of people
24 ÷ 2 = 12
$12
