e)
Don’t forget that at the beginning of the process you had to spend some of your own money to get started. With the costs taken into account, what was your total profit?
*
1 point
Total Cost: $14 (cost per cake) x Number of cakes made Total Revenue: $0 (as it is not given in the question)
1 answer
Based on the information given, it is not possible to determine the total profit. Total profit is calculated by subtracting the total cost from the total revenue. However, the total revenue is not given in the question.