Wednesday
October 22, 2014

Homework Help: marketing

Posted by Kay on Saturday, December 9, 2006 at 2:30pm.

Matt owns a donut shop. He rents a space for $1500 a month and pays his only employee $300 a month. Matt can serve 1000 donuts each month. His variable cost per donut is $2. what price does Carlos need to charge in order to make a profit of $2000 per month? A. $3.80 B. $5.80. and why?

Boy. those are expensive donuts. And what a strange demand curve Matt faces.

Use algebra. Total costs are 1500+300+(2*1000) = $3800.
If he manages to sell hs 1000 donuts for 5.80 each, total revenue is $5800 giving him a $2000 cash profit.

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Math Help? Check my answers. - 1. r/5 = 9/21 r = 9 r = 2.14 r = 11.66 r = 37.8 2...
Math - Irma rents movies online each month it costs her a fee of $4.99 per month...
accounting II - Joshua owns an apartment complex with 7 tenants. Each unit rents...
math - a man saved a sum of 200 dinars in the first month, 250 in the second ...
Math - If a salesman sold 2 cars in his first month, 8 cars in his second month...
accounting - Georgia owns a home in Colorado that she rents for $1,200 per month...
math - cindy makes 1000 a month plus some money by commission. she gets 9% of ...
math - an employee pays 250 in taxes during one month. the tax rate is 30% what...
physics - The consumption of natural gas by a company satisfies the empirical ...
math - Graduate student Luke currently has $400 in cash. At the beginning of ...

Search
Members