Carol Anne makes candles. If she charges $20 for each candle, her total revenue will beGroup of answer choices$1,000 if she sells 100 candles.$500 if she sells 25 candles.$20 regardless of how many candles she sells.$200 if she sells 5 candles.
Question
Carol Anne makes candles. If she charges 1,000 if she sells 100 candles.20 regardless of how many candles she sells.$200 if she sells 5 candles.
Solution
Carol Anne's total revenue depends on the number of candles she sells. Here's how you calculate it:
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Determine the price per candle: In this case, Carol Anne charges $20 for each candle.
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Determine the number of candles sold: This will vary depending on the scenario. For example, she might sell 100 candles, 25 candles, or 5 candles.
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Multiply the price per candle by the number of candles sold. This will give you the total revenue.
So, for each scenario:
- If she sells 100 candles, her total revenue will be 100 candles * 2,000.
- If she sells 25 candles, her total revenue will be 25 candles * 500.
- If she sells 5 candles, her total revenue will be 5 candles * 100.
Therefore, the statement "$20 regardless of how many candles she sells" is incorrect. The total revenue changes depending on the number of candles sold.
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