A pack of 24 crayons costs the manufacturer $0.05 to make and is sold to the stores for $0.25. The
stores sell the crayons for $0.50 during Back to School week.
An equation that represents the mark up cost by the manufacturer is (Select]
. An equation that represents the store mark up cost is (Select]
. A
V
composition of these two functions is (Select)
. It represents
[ Select]
The answers is P(C)=2c P(C) =5c P(C) =10c

Respuesta :

We want to find equations for the different markups for the manufacturer and the stores that sell the crayons.

We know that a pack of 24 crayons costs $0.05 to make.

Is sold to stores for $0.25

The stores sell it for $0.50

Now we want to get the markup equation for the manufacturer, this is:

Markup = 100%*(price - cost)/(cost) = 100%*($0.25 - $0.05)/$0.05 =400%

For the store it is:

Markup = 100%*($0.50 - $0.25)/($0.25) = 100%

For the composition of these two I assume you refer to the total markup (notice that these are not functions, we can't make a composition if we do not have a variable).

Comp = 100%*($0.50 - $0.05)/($0.05) = 900%

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