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 entries negative 30, 3, 40, 70, 90, 90, 80.
Write three to five sentences explaining which levels of production provide Alonzo’s Cycling with the maximum profit.

Answer 1

Profit is total revenue minus total cost, and the largest profit value in the table is 90. That maximum profit of 90 occurs when Alonzo produces 5 bikes per day and also when he produces 6 bikes per day. Therefore producing either 5 or 6 bikes per day gives Alonzo’s Cycling the maximum profit (producing 7 bikes yields a lower profit of 80).