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Jay’s Nursery sells border plants for home gardeners at a discounted price of $12.99. Jay’s has 335 plants it must sell. Fixed costs for all these plants were $1,675 and variable costs per plant are $3.
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Dec 27, 2018
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Jay’s Nursery sells border plants for home gardeners at a discounted price of $12.99. Jay’s has 335 plants it must sell. Fixed costs for all these plants were $1,675 and variable costs per plant are $3.65. What is the maximum profit to the nearest cent that Jay’s will make if it sells all the plants at the discounted price?
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Hi there
R ( 335 ) = 12.99×335=4,351.65
C ( 335 ) = 3.65×335+1,675=2,897.75
P(335)=4,351.65−2,897.75=1,453.9
the maximum profit to the nearest cent that Jay’s will make if it sells all the plants at the discounted price is
1453.90
Good luck!
Ybo
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Dec 31, 2018
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Ybo
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