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Using this table, calculate the profit at each level of running shoe inserts production.


Pair 1: $


Pair 2: $


Pair 3: $


Pair 4: $


Pair 5: $

Using this table calculate the profit at each level of running shoe inserts productionPair 1 Pair 2 Pair 3 Pair 4 Pair 5 class=

Respuesta :

Total revenue - Total cost : Profit

Pair 1

Total revenue = $30

Total cost = $7

Profit = $30 - $7 = $23


Pair 2

Total revenue = $ 60

Total Cost = $ 9

Profit = $ 60 - $ 9  = $ 51


Pair 3

Total revenue = $ 90

Total Cost = $10

Profit = $90 - $10  = $80


Pair 4

Total revenue = $120

Total Cost = $11

Profit = $120-$11 = $109


Pair 5

Total revenue = $150

Total Cost = $13

Profit = $150 - $13 = $137

batolisis

The profits at each level in the table are as follows

  • Pair 1 : $23
  • Pair 2: $51
  • Pair 3: $80
  • Pair 4: $109
  • Pair 5: $137

How to calculate profits

Profit is the difference between the total cost and the total revenue of a good or service rendered. ( i.e Total revenue - Total cost ).

In order to determine profit the value of the total revenue and the total cost must be given.

Profits = Total  revenue - Total cost

Pair 1 : $30 - $7 = $23

Pair 2: $60 -$9 = $51

pair 3: $90 - $10 = $80

pair 4: $120 - $11 = $109

pair5 : $150 - $13 = $137

Hence we can conclude that the answers to the questions are as listed above.

Learn more about profit calculation : https://brainly.com/question/25623677

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