16 = 4/3 (5x+15) solve for x in the simplest form
2 answers:
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Answer:
Bobby's economic profits for the day is $0.60.
Step-by-step explanation:
Bobby sells 20 glasses of lemonade for $0.20 per cup.
Amount earned = dollars
The average total cost is $0.17.
So, difference in selling amount and average = dollars
Therefore, Bobby's economic profits for the day is = dollars
Hence, the answer is $0.60.