Question

The shoes still have a marginal cost of $25. You want to earn a profit, so you charge a price of _

525
$10
$50

Answer 1

$50

Explanation:

Let's write an equation to solve:

We can represent the profit as "p"

In that case, we have:

(p - 25) = 35

Adding 25:

p = 25.

If you charge 50, you will get 25 dollars back.

If you charge 10, you will get no profit.

Thus, the answer is $50.