Answer:
Profit = $200
Step-by-step explanation:
Total revenue = $9,500
Fixed expenses = $9,000
Variable expenses = $300
Total expenses = Fixed expenses + Variable expenses
= $9,000 + $300
= $9,300
Total expenses = $9,300
Profit is when revenue is greater than expenses
Loss is when revenue is less than expenses
Mia made profit because her revenue is more than her expenses
Profit = Revenue - Expenses
= $9,500 - $9,300
= $200
Profit = $200
