Question

scenario:ed is the proud new owner of a flower shop. his most popular arrangement sells for $45. ed has determined that the cost of materials for this flower arrangement is $5. ed has also determined that it takes his employee about one hour to complete one arrangement, and this employee is paid $12 per hour. additional costs include $5 per arrangement to cover such expenses as rent and electricity. use the information presented in the scenario and the drop - down menus to answer these questions. eds revenue from selling his most popular arrangement is $45. eds total production costs for one flower arrangement are $22. eds profit on each arrangement is

Explanation:

Step1: Recall profit formula

Profit = Revenue - Total production costs

Step2: Identify revenue and costs

Revenue = $45, Total production costs = $22

Step3: Calculate profit

$45 - 22=23$

Answer:

$23$