soccer nets per day total cost total revenue 1 $7 $30 2 $9 $60 3 $10 $90 4 $11 $120 5 $13 $150 how much…

soccer nets per day total cost total revenue 1 $7 $30 2 $9 $60 3 $10 $90 4 $11 $120 5 $13 $150 how much profit does the company make from producing and selling four soccer nets? $51 $80 $109 $137

soccer nets per day total cost total revenue 1 $7 $30 2 $9 $60 3 $10 $90 4 $11 $120 5 $13 $150 how much profit does the company make from producing and selling four soccer nets? $51 $80 $109 $137

Answer

Explanation:

Step1: Recall profit formula

Profit = Total revenue - Total cost

Step2: Identify values for 4 soccer nets

From the table, when producing 4 soccer - nets, total cost = $11 and total revenue = $120.

Step3: Calculate profit

Profit = $120 - $11=$109

Answer:

$109