11
QuizMultiple Choice

Business Statistics — Quiz

Question 11 • Financial Math

What membership fee will maximize the profit, and what is the maximum profit? Round to whole dollars.

Answer
A
The maximum profit is 683 dollars when the fee is 35 dollars.
B
The maximum profit is 68 point 3 8 dollars when the fee is 35 dollars.
C
The maximum profit is 68 dollars comma 380 when the fee is 40 dollars.
D
The maximum profit is 6 dollars comma 838 when the fee is 40 dollars.
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