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Calculating Maximum Revenue Practice Problems
1. A company sells 500 units of a product at a price of $20 per unit. The total cost of producing and selling the product is $7,500. What is the maximum revenue for the company?
2. A store sells 1,000 items at a price of $5 per item. The total cost of producing and selling the items is $3,000. What is the maximum revenue for the store?
3. A restaurant sells 300 meals at a price of $25 per meal. The total cost of producing and selling the meals is $6,000. What is the maximum revenue for the restaurant?
4. A hotel has 50 rooms available for rent at a price of $100 per night. The total cost of maintaining and staffing the hotel is $15,000 per month. What is the maximum revenue for the hotel?
5. A car dealership sells 200 cars at a price of $25,000 per car. The total cost of acquiring and selling the cars is $4,000,000. What is the maximum revenue for the dealership?
6. A bakery sells 400 loaves of bread at a price of $5 per loaf. The total cost of producing and selling the bread is $2,000. What is the maximum revenue for the bakery?
7. A gym has 500 members who pay a monthly fee of $50. The total cost of maintaining and staffing the gym is $20,000 per month. What is the maximum revenue for the gym?
8. A tutoring company charges $30 per hour for tutoring services. The company has 50 tutors who each work 10 hours per week. The total cost of paying the tutors is $7,500 per week. What is the maximum revenue for the tutoring company?
9. A landscaping company charges $500 per project. The company completes 10 projects per week. The total cost of completing the projects is $4,000 per week. What is the maximum revenue for the landscaping company?
10. A law firm charges $200 per hour for legal services. The firm has 5 lawyers who each work 40 hours per week. The total cost of paying the lawyers is $40,000 per week. What is the maximum revenue for the law firm?
11. A grocery store sells 1,000 bags of chips at a price of $2 per bag. The total cost of purchasing and selling the chips is $1,000. What is the maximum revenue for the store?
12. A coffee shop sells 200 cups of coffee at a price of $3 per cup. The total cost of producing and selling the coffee is $600. What is the maximum revenue for the coffee shop?
13. A pet store sells 50 bags of dog food at a price of $20 per bag. The total cost of purchasing and selling the dog food is $500. What is the maximum revenue for the pet store?
14. A clothing store sells 500 shirts at a price of $15 per shirt. The total cost of purchasing and selling the shirts is $2,000. What is the maximum revenue for the clothing store?
15. A bike shop sells 100 bikes at a price of $500 per bike. The total cost of purchasing and selling the bikes is $40,000. What is the maximum revenue for the bike shop?
16. A hair salon charges $50 for a haircut. The salon has 5 stylists who each complete 20 haircuts per week. The total cost of paying the stylists is $5,000 per week. What is the maximum revenue for the hair salon?
17. A software company sells 1,000 licenses for a software product at a price of $50 per license. The total cost of producing and selling the software is $20,000. What is the maximum revenue for the software company?
18. A music streaming service charges $10 per month for a subscription. The service has 1,000,000 subscribers. The total cost of providing the service is $5,000,000 per month. What is the maximum revenue for the music streaming service?
19. A real estate agency charges a 6% commission on the sale of a house. The agency sells 10 houses with an average price of $300,000. The total cost of selling the houses is $100,000. What is the maximum revenue for the real estate agency?
20. A construction company charges $100 per hour for construction services. The company has 10 workers who each work 40 hours per week. The total cost of paying the workers is $20,000 per week. What is the maximum revenue for the construction company?
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