quiz 13/15 petes disappointed with the projections of how much his cupcake cart will make in the first…
quiz 13/15 petes disappointed with the projections of how much his cupcake cart will make in the first month. what could he do to try to improve his net profit? increase the prices increase the number of cupcakes he sells decrease his fixed expenses all of the above
Answer
Brief Explanations:
Net profit is calculated as total revenue minus total costs. Increasing prices increases revenue per unit, increasing the number of cupcakes sold increases total revenue, and decreasing fixed - expenses reduces total costs. All these actions can improve net profit.
Answer:
D. All of the above