Home/ Questions/Q 102833
Next
In Process

Quizzma Latest Questions

In:

How many bracelets must Lupe sell to make a profit?

[Deleted User]

Lupe earns an income of $0.50 for each bracelet she sells.

Lupe must sell less than 30 bracelets to make a profit.

The start-up cost for Lupe to create bracelets is less than $15.

It costs Lupe $0.50 to create each bracelet.

Lupe can make a profit by selling $20 in bracelets.

Lupe can make a profit by selling 25 bracelets.




Share
    Leave an answer

    Leave an answer

    Browse

    What is the capital of Egypt? ( Cairo )

    1 Answer

    1. Quizzma Team

      To determine if Lupé can make a profit by selling the bracelets, let’s analyze the information provided.

      1. Income Per Bracelet: Lupe earns $0.50 per bracelet.

      2. Cost Per Bracelet: It costs Lupe $0.50 to create each bracelet.

      3. Break-even Point: If Lupe sells 25 bracelets:

      – Income from selling 25 bracelets = 25 bracelets × $0.50 = $12.50

      – Cost to create 25 bracelets = 25 bracelets × $0.50 = $12.50

      – Profit = Income – Cost = $12.50 – $12.50 = $0 (break-even)

      4. Less Than 30 Bracelets for Profit: If she sells less than 30 bracelets, based on the given that it costs her $0.50 per bracelet to produce the same amount she sells, she cannot make a profit from selling 25 bracelets.

      So, it’s not possible for Lupe to make a profit selling 25 bracelets because she breaks even. It’s indicated that she must sell more than 30 bracelets to make an actual profit given her costs and earnings.

      In conclusion, Lupe will not make a profit selling 25 bracelets, as she only breaks even at that point. If she needs clarification or further assistance, they should check the extended services page for more in-depth help.

    Related Questions