The organized crime boss and perfume king Butch (Stinky) Rose has daily overheads (bribes to corrupt officials, motel photographers, wages for hit men, explosives, and so on) amounting to $30,000 per day. On the other hand, he has a substantial income from his counterfeit perfume racket: He buys imitation French perfume (Chanel No. 22.5) at $10 per gram, pays an additional $20 per 100 grams for transportation, and sells it via his street thugs for $900 per gram. Specify Stinky's profit function, P(x), where x is the quantity (in grams) of perfume he buys and sells.
Can someone please help me set this equation up? The '$20 per 100 grams' is really throwing me off.
2 answers
that just means $0.20 per gram
Of course, I was overthinking it. Thanks!
1 answer