Question

you are running a small business.
advertising can provide profit!
starting out, you advertise using “word of mouth” (friends telling friends about your business). you make about $10,000 in profit that month.
another month, you spend $200 on facebook ads for your business. you make about $11,600 in profit that month.
you start investing in other mediums like google ad sense, instagram, the local news paper, radio, and tv.
the table at the right shows how much you spent on advertising each month and how much profit your business made.
looking at the table, how much money did you make the month you spent $1000 on advertising?
monthly advertising dollars | monthly profit
$0 | $10,000
$200 | $11,600
$550 | $13,750
$700 | $14,800
$1,000 | $17,250
$1,400 | $19,800

Explanation:

Step1: Identify the row with $1000 advertising

Look at the "Monthly Advertising Dollars" column. Find the row where it's $1,000.

Step2: Find corresponding profit

In that row, check the "Monthly Profit" column. The value is $17,250.

Answer:

$17,250