Blossom's Flowers Purchases Roses for Sale for Valentine's Day

question 70

Multiple Choice

Blossom's Flowers purchases roses for sale for Valentine's Day.The roses are purchased for $10 a dozen and are sold for $20 a dozen.Any roses not sold on Valentine's Day can be sold for $5 per dozen.The owner will purchase 1 of 3 amounts of roses for Valentine's Day: 100,200,or 400 dozen roses.The opportunity loss for buying 200 dozen roses and selling 100 dozen roses at the full price is

• A)$1,000
• B)$500
• C)- $500
• D)- $2,000

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Definitions:

Logarithm

The exponent or power to which a base, typically 10 or e, must be raised to produce a given number; it is the inverse operation of exponentiation.

Graph

A visual diagram that exhibits the arrangement of connections or interrelations among several objects with the help of unique symbols including dots, lines, and bars.

Logarithmic Form

A way of writing exponential equations where the exponent is isolated on one side of the equation.

Exponential Equation

An equation in which the variable appears in an exponent, thereby defining a relationship in which growth or decay rate is constant.