Multiple Choice
Use the following to answer the beekeeping questions below.
A math major turned hipster-beekeeper has determined that his profit is governed by the equation 5x - 40, where x represents the number of hives he sets up for the honey season.
-In the hipster-beekeeper's equation, 40 represents the:
A) variable cost.
B) fixed cost.
C) profit.
D) revenue.
Correct Answer:
Verified
Correct Answer:
Verified
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