Hallmark cards develops a new line of cards that have a tota

Hallmark cards develops a new line of cards that have a total cost of 200,000 and a price of $ 3 each. If it sales 20,000 the first month, what is the total revenue?

Solution

TOTAL REVENUE = Sales of Cards * $3 per card = 20,000 * 3 = $60,000, for the First month itself.

But it is given Total Cost of $ 200,000 for the whole Investment.


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