As a concession manager for a local Little League Baseball organization, you are responsible for ordering hot dogs for the upcoming weekend games. You can purchase hot dogs for $0.75 each and sell them during the games for $2.50. Any unsold hot dogs can be returned to the supplier for a $0.25 credit. If you purchase 200 hot dogs and demand is 400 hot dogs over the weekend, the profit will be _______ .
A)$350
B)$150
C)$700
D)- $125

Question

Quizplus · Accepted Answer

The profit calculation is as follows: Since demand is 400 hot dogs but only 200 were purchased, all 200 will be sold. The profit per hot dog is $2.50 (selling price) - $0.75 (purchase price) = $1.75. Therefore, for 200 hot dogs, the profit is 200 * $1.75 = $350.

As a Concession Manager for a Local Little League Baseball