total production costs are 5,000 on a lot of 200 items. you sell each for 75

Answer 1

The total revenue from selling all 200 items at $75 each would be:

200 items * $75/item = $15,000

To calculate the profit, we subtract the total production costs from the total revenue:

$15,000 - $5,000 = $10,000

Therefore, the profit from selling all 200 items at $75 each would be $10,000.