The table provides daily data on Marla's Smoothie Shop. Use these data to answer the question.
What is Marla's profit margin?
$$\begin{array}{l}
\text { Table: Marla's Smoothie Shop }\
\begin{array} { | c | c | c | c | c | c | }
\hline \begin{array} { c }
\text { Total } \
\text { revenue }
\end{array} & \text { Total cost } & \begin{array} { c }
\text { Average } \
\text { revenue }
\end{array} & \begin{array} { c }
\text { Fixed } \
\text { costs }
\end{array} & \begin{array} { c }
\text { Variable } \
\text { costs }
\end{array} & \text { Quantity } \
\hline \$ 1,400 & \$ 900 & \$ 7 & \$ 200 & \$ 700 & 200 \
\hline
\end{array}
\end{array}$$
A)$5.00
B)$4.50
C)$3.50
D)$2.50

Question

The table provides daily data on Marla's Smoothie Shop. Use these data to answer the question.
What is Marla's profit margin?
$$\begin{array}{l}
\text { Table: Marla's Smoothie Shop }\
\begin{array} { | c | c | c | c | c | c | } 
\hline \begin{array} { c } 
\text { Total } \
\text { revenue }
\end{array} & \text { Total cost } & \begin{array} { c } 
\text { Average } \
\text { revenue }
\end{array} & \begin{array} { c } 
\text { Fixed } \
\text { costs }
\end{array} & \begin{array} { c } 
\text { Variable } \
\text { costs }
\end{array} & \text { Quantity } \
\hline \$ 1,400 & \$ 900 & \$ 7 & \$ 200 & \$ 700 & 200 \
\hline
\end{array}
\end{array}$$
A)$5.00
B)$4.50
C)$3.50
D)$2.50

Quizplus · Accepted Answer

Profit margin is calculated as (Total Revenue - Total Cost) / Quantity. Here, it is ($1400 - $900) / 200 = $2.50.

The Table Provides Daily Data on Marla's Smoothie Shop A)$500 B)$4

The Table Provides Daily Data on Marla's Smoothie Shop A)$500
B)$4