julio has started his very own floral business. he sells centerpieces for $19.50 each. his fixed costs are…

julio has started his very own floral business. he sells centerpieces for $19.50 each. his fixed costs are $500 per month, and each centerpiece cost $8 to produce. let n represent the number of centerpieces you sell. write an equation to determine the cost, c. write another equation to determine the revenue, r. a. c = 500 + 19.50n r = 8n b. c = 500 + 8n r = 19.50n c. c = 19.50n + 8n r = 500 d. c = 19.50n r = 500 + 8n

julio has started his very own floral business. he sells centerpieces for $19.50 each. his fixed costs are $500 per month, and each centerpiece cost $8 to produce. let n represent the number of centerpieces you sell. write an equation to determine the cost, c. write another equation to determine the revenue, r. a. c = 500 + 19.50n r = 8n b. c = 500 + 8n r = 19.50n c. c = 19.50n + 8n r = 500 d. c = 19.50n r = 500 + 8n

Answer

Answer:

B. $C = 500+8n$, $R = 19.50n$

Explanation:

Step1: Define cost formula

Cost = fixed - cost+variable - cost. Fixed cost is $500$ and variable cost per center - piece is $8$, so $C = 500 + 8n$.

Step2: Define revenue formula

Revenue is the selling - price per unit times the number of units sold. Selling price per center - piece is $19.50$, so $R=19.50n$.