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If the profit equation for Hershey’s is represented by p = r – c, where p is profit, r is revenue and c is cost, and c is modeled by the equation below, while revenue is modeled by $6.27x, what is the profit made by the production and sale of 2,000 batches?
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Select one: a. $12,540 b. $0.10 c. $12,539.90 d. $0
@satellite73 @BSwan
@phi
As a first step, Can you find revenue ?
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ok which answer choice is it I need to hurry please
p = r- c p = (6.27 * 800)-(800 * 20 + 0.10 * 800)
is the answer A
nah.... wait a min typo there..
r = 6.27 * 2000 c= (800/20) * 2000 + 0.10 * 2000 = 80200 p = r-c = 12540 - 80200 = some negative value ..therefore profit is 0
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so D
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