Question

The Carolina Christmas Tree Corporation grows and sells 500 Christmas trees. The average cost of production per tree is $50. Each tree sells for a price of $65. The Carolina Christmas Tree Corporation’s total revenues are?

Answer 1

$7500

Step-by-step explanation:

Cost of production of Carolina Christmas trees were $50 each, and 500 trees were commercialized. Then, the Corporation invested $25000, and earned $32500 when sales were over. The revenues were $7500; this comes from deducting $25000 from $32500