A New Chocolate Company Is Estimating How Many Candy Bars

question 100

Multiple Choice

A new chocolate company is estimating how many candy bars per week college students will consume of their line of
products. The graph shows the probable number of candy bars students (age 18-22) will consume from year 0 to year 10.
B(x) gives the number of candy bars for boys, G(x) gives the number of candy bars for girls, and T(x) gives the total
number for both groups. Use the graph to answer the question.
-A furniture store buys 45 footstools from a distributor at a cost of $230 each plus an overhead charge of $45 per order. The retail markup is 25% on the total price paid. Find the profit on the sale of one footstool.

• A) $57.50
• B) $57.25
• C) $57.75
• D) $5775.00

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Definitions:

Corn Output

The overall amount of corn generated during a specific timeframe, commonly quantified in bushels or tons.

Workers

Individuals engaged in any form of employment or labor.

Marginal Product

The additional output a firm produces as a result of hiring one more unit of a factor of production, such as labor or capital.

Bushel of Wheat

A measure of volume used in the U.S. to quantify agricultural commodities, equivalent to approximately 35.24 liters.