Answer:
B. 15c > 1,800 + 10c
Step-by-step explanation:
Profit=Total revenue - total cost
Profit is achieved:
when total revenue is greater than total cost
TR>TC
Or
When total cost is less than total revenue
TC<TR
From the question
Total cost=1800+10c
Total revenue=15c
Profit=TR>TC or TC<TR
15c>1800+10c
Or
1800+10c<15c
Option B. 15c > 1,800 + 10c satisfies the condition that Profit=TR>TC
Answer:
B. 15c > 1,800 + 10c
Step-by-step explanation:
The local bakery has an operating cost of $1800 plus a cost of $ 10 per cake produced. The operating cost is the expenses required to run the business. This is the amount required to keep the bakery company in existence. To make a profit, the sales each day must surpass the operating cost.
Since they sell only cakes , the sales of cakes for that day should surpass the operating cost for that day in order for them to make gain
operating cost = 1800 + 10c
where
c = number of cakes sold each day
The price for each cake = $15 . The sales for each day will be 15 × c(the number of cake sold) which should be greater than the operating cost 1,800 + 10c for them to make profit.
15c > 1,800 + 10c
