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 250 heads of lettuce for tomorrow and demand for lettuce that day is 400 heads, the profit will be ________.
A)- $68.25
B)$45.00
C)$0
D)$112.50

Question

Quizplus · Accepted Answer

The profit from selling 250 heads of lettuce is calculated as follows: Profit = (Selling Price - Cost Price) * Quantity Sold = ($1.20 - $0.75) * 250 = $0.45 * 250 = $112.50. Since the unsold lettuce is donated, there's no loss from unsold inventory, making the profit $112.50.

The Produce Manager for a Grocery Store Needs to Decide