Question

A 4-column table has 7 rows. The first column is labeled Bikes produced per day with entries 0, 1, 2, 3, 4, 5, 6, 7. The second column is labeled Total cost with entries 0, 80, 97, 110, 130, 160, 210, 270. The third column is labeled Total revenue with entries 0, 50, 100, 150, 200, 250, 300, and 350. The fourth column is labeled Profit with all blank entries.
Using this table, calculate the profit at each level of bicycle production.

One bike: -$

Two bikes: $

Three bikes: $

Four bikes: $

Five bikes: $

Six bikes: $

Seven bikes: $

Answer 1

Profit = Total Revenue − Total Cost.

One bike: -$30
Two bikes: $3
Three bikes: $40
Four bikes: $70
Five bikes: $90
Six bikes: $90
Seven bikes: $80