ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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A fruit stand owner rents a stall at the market for $255$255. Each month, the owner spends $295$295 for an accountant’s services and $695$695 on fresh fruit. The fruit stand sells 135135 kilograms of fruit monthly at a price of $8$8 per kilogram.
Step 1 of 2:
Calculate the fruit stand’s profit or loss. Write the exact answer; do not round. Use a minus sign to show losses if necessary.
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