Question
The SOM Club is selling pies on March 14th as a fundraiser. Let Q be the number of pies they make. The total cost, C(Q)
The SOM Club is selling pies on March 14th as a fundraiser. Let Q be the number of pies they make. The total cost, C(Q) in dollars, for making Q pies is given by: C(Q) = 45 + 3Q. Sales price is $8 per unit.
1. What is the fixed costs of making pies?a. 30 dollars.
b. 35 dollars.
c. 45 dollars.
d. 50 dollars.
e. 48 dollars.
2. What is the total cost of making 20 pies?a. 105 dollars.
b. 56 dollars.
c. 102 dollars.
d. 84 dollars.
e. 108 dollars.
3. What is the additional cost to make 21 pies instead of 20 pies?a. 6 dollars.
b. 3 dollars.
c. 2 dollars.
d. 5 dollars.
e. 4 dollars.
4. How many pies should they sell to cover their costs (Total Revenue = Total Costs).a. 5 units.
b. 13 units.
c. 9 units.
d. 12 units.
e. 14 units.
5. How many pies should they sell to have their total profit equal to their total costs (Total Profit = Total Costs).a. 36 units.
b. 30 units.
c. 80 units.
d. 45 units.
e. 19.2 units.
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