Solve the Problem $\quad$ $\quad$ $\text { Regular}$ $\quad$

question 67

Multiple Choice

Solve the problem.
-A gas station manager records the number of gallons of Regular, Plus, and Premium gasoline sold during the week (Monday-Friday) and on the weekends (Saturday-Sunday) in matrix A. The selling Price and profit for 1 gal of each type of gasoline is given in matrix B. $\quad$$\quad$$\text { Regular}$$\quad$ $\text { Plus}$ $\text { Premium }$
$A=\left[\begin{array}{rrr}4,270 & 1,760 & 810 \\2,320 & 610 & 410\end{array}\right] \begin{array}{l}\text { Weekdays } \\\text { Weekend }\end{array}$

$$\begin{array}{l}\text { Selling }\\B = \left[ \begin{array} { l l } \text { Price } & \text { Profit } \\\$ 3.49 & \$ 0.26 \\\$ 4.09 & \$ 0.28 \\\$ 0.20\end{array} \right] \text { Regular } \text { Plus } \text { Premium }\end{array}$$
a. Compute $A B$ .
b. Determine the profit for the weekend.
c. Determine the revenue for the entire week.

• A) a. \(A B = \left[ \begin{array} { l r } \$ 24,709.60 & \$ 12,024.60 \\ \$ 1,765.00 & \$ 856.00 \end{array} \right]\)
• b. \(\$ 856.00\)
• c. \(\$ 26,474.60\)
• B) a. \(A B = \left[ \begin{array} { r r } \$ 24,709.60 & \$ 1,765.00 \\ \$ 12,024.60 & \$ 856.00 \end{array} \right]\)
• b. \(\$ 2,621.00\)
• c. \(\$ 12,024.60\)
• C) a. \(A B = \left[ \begin{array} { r r } \$ 24,709.60 & \$ 1,765.00 \\ \$ 12,024.60 & \$ 856.00 \end{array} \right]\)
• b. \(\$ 856.00\)
• c. \(\$ 36,734.20\)
• D) a. \(A B = \left[ \begin{array} { l r } \$ 24,709.60 & \$ 12,024.60 \\ \$ 1,765.00 & \$ 856.00 \end{array} \right]\)
• b. \(\$ 12,880.60\)
• c. \(\$ 1,765.00\)

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Definitions:

Real GDP

Gross Domestic Product adjusted for inflation, reflecting the value of all goods and services produced by an economy in a given year at constant prices.

GDP

Gross Domestic Product, the total value of all goods and services produced within a country's borders in a specific time period, serving as a broad indicator of economic health.

Real GDP

Gross Domestic Product corrected for inflation levels, offering a clearer view of the economy's scale and its growth trajectory over time.

Billion

A numerical value representing one thousand million (1,000,000,000) in the short scale, and commonly used in financial contexts.