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Write the Word or Phrase That Best Completes Each Statement

Question 165

Short Answer

Write the word or phrase that best completes each statement or answers the question.
-Each month a gas station sells x gallons of gas at $1.92/gallon. The cost to the owner of the gas station for each
gallon of gas is $1.32. The monthly fixed cost for running the gas station is $37,000. Write an equation that
relates the monthly profit, in dollars, to the number of gallons of gasoline sold. Then use the equation to find the
monthly profit when 75,000 gallons of gas are sold in a month.

Correct Answer:

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P = 0.60x ...

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