1.Using the linear model for costs and profit when selling bottles of ginger beer, if:

fixed costs are $500, variable costs are $3/bottle, and you can sell each bottle for $15...

Total revenue for a quantity of 30 bottles is?

2.Using the linear model for costs and profit when selling bottles of ginger beer, if:

For production method A, fixed costs are $500, variable costs are $3/bottle, and you can sell each bottle for $15...

but you now have the option of an alternative method of production: Method B, where there are no fixed costs, but variable costs are $5/bottle. Which method would be more profitable if you knew you could sell 150 bottles?

A. Both the same

B. A

C. B

3.Using the linear model for costs and profit when selling bottles of ginger beer, if:

For production method A, fixed costs are $500, variable costs are $3/bottle, and you can sell each bottle for $15...

but you now have the option of an alternative method of production: Method B, where there are no fixed costs, but variable costs are $5/bottle. Which method would be more profitable if you knew you could sell 350 bottles?

A. B

B. A

C. Both are the same