• Emma owns a small artisanal chocolate business. She sells her handcrafted chocolates at local markets and supplies them to a few independent boutique stores in her town. For the chocolates sold at local markets, Emma personally attends the sales booth and sells the chocolates directly to her customers. For the chocolates sold in local stores, the store owners add a markup to the price to generate a small profit. Emma's costs, which include the cost of insurance ($28), and booth rental ($42), and her cost of materials are $3.00/chocolate. She sells her chocolates at the local markets for $13.50/chocolate, while the stores sell each chocolate for $23.50. How much profit will Emma generate in a week when she sells 20 chocolates at the local market and the stores sell an additional 100 chocolates? Remember to provide your answer in 2 decimal places.

Answer rating: 100% (QA)

To calculate Emmas profit we need to determine her total revenue and total costs 1 Tot... View the full answer