Your friend Claire has been designing her own hoodies and giving them as gifts to friends and family. She has decided to sell them online soon by using a 3rd party website with a service surcharge based on her pricing. Using the information below, please choose the graph that shows the relationship between CLaire's selling price per hoodie and profit margin? Costs ($) Base Hoodie Cost $30 Craft Supplies to Design $10 Selling Website Service Charge 5%
Your friend Claire has been designing her own hoodies and giving them as gifts to friends and family. She has decided to sell them online soon by using a 3rd party website with a service surcharge based on her pricing. Using the information below, please choose the graph that shows the relationship between CLaire's selling price per hoodie and profit margin? Costs ($) Base Hoodie Cost $30 Craft Supplies to Design $10 Selling Website Service Charge 5%
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
Your friend Claire has been designing her own hoodies and giving them as gifts to friends and family. She has decided to sell them online soon by using a 3rd party website with a service surcharge based on her pricing. Using the information below, please choose the graph that shows the relationship between CLaire's selling price per hoodie and profit margin?
Costs ($) | |
Base Hoodie Cost | $30 |
Craft Supplies to Design | $10 |
Selling Website Service Charge | 5% |
![U
с
D
Profit Margin
Profit Margin
0.9-
0.8-
0.7
0.6-
0.5
0.4
0.3-
0.40
0.35
0.30
0.25
0.20
0.15
0.10
0.05
50
50
100
100
150 200 250 300
Selling Price per Hoodie
250
200
Selling Price per Hoodie
150
300
350
350
400](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F4f760060-9f8c-4fe9-8580-70ef5e3d0cf5%2F9e9dcaef-637b-423c-b70c-821c55f0a683%2Fuiktd1l_processed.png&w=3840&q=75)
Transcribed Image Text:U
с
D
Profit Margin
Profit Margin
0.9-
0.8-
0.7
0.6-
0.5
0.4
0.3-
0.40
0.35
0.30
0.25
0.20
0.15
0.10
0.05
50
50
100
100
150 200 250 300
Selling Price per Hoodie
250
200
Selling Price per Hoodie
150
300
350
350
400
![A
B
Profit Margin
Profit Margin
0.8
0.6
0.4
0.2
0.0
0.4
0.2
0.0
-0.2
-0.4
T
T
50
50
100
100
150
200
Selling Price per Hoodie
250 300
150
200
250
Selling Price per Hoodie
300
350
350
400
Q](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F4f760060-9f8c-4fe9-8580-70ef5e3d0cf5%2F9e9dcaef-637b-423c-b70c-821c55f0a683%2Fyagttbd_processed.png&w=3840&q=75)
Transcribed Image Text:A
B
Profit Margin
Profit Margin
0.8
0.6
0.4
0.2
0.0
0.4
0.2
0.0
-0.2
-0.4
T
T
50
50
100
100
150
200
Selling Price per Hoodie
250 300
150
200
250
Selling Price per Hoodie
300
350
350
400
Q
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