The produce manager for a grocery store needs to decide how many heads of lettuce to order each day. A head of lettuce sells for $1.20 and costs the grocery store $0.75. Any unsold lettuce at the end of the day is donated to charity. If the manager purchases 100 heads of lettuce for tomorrow and demand for lettuce that day is 250 heads, the profit will be ___________
A)- $68
B)$45
C)$0
D)$113

Question

Quizplus · Accepted Answer

The profit is calculated by subtracting the cost from the revenue. The revenue from selling 100 heads of lettuce is 100 * $1.20 = $120. The cost of purchasing 100 heads of lettuce is 100 * $0.75 = $75. Therefore, the profit is $120 - $75 = $45.

The Produce Manager for a Grocery Store Needs to Decide