Multiple Choice
It costs a company $5.50 to produce a certain model of stop watch. The stop watch sells for $21.99 each. Write a profit function And use it to find the profit from selling 5,000 stop watches of this model. (
Where
Is the revenue from selling
Stop watches and
Is the cost of producing
stop watches.)
A) $82,450
B) $8,245
C) $8,245,000
D) $824,500
E) None of these
Correct Answer:
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