Ginger makes and sells toy buseswhen she sells them for 3, Ask an Expert

Economics

Ginger makes and sells toy buses.

When she sells them for $3 each she just covers her expenses and have no profit.

She knows that if she sells them for $15 each she would sell so few she would also have no profit.

Right now she is selling them for $8 and has a profit of $280 dollars.

What should she charge per bus to maximize her profit?

Dollars

What would her profit be?

Dollars

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91407813

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