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30 March, 19:18

Elle's Elephant Shop sells giant stuffed elephants for $55 each. Elle incurs $10 of variable costs for each elephant and a total of $700 fixed costs. Assuming Elle will sell 35 elephants this month, which of the following statements are true? a. Profits=$875b. Total costs=$1250c. Total variable costs=$350d. Total sales=$1925

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  1. 30 March, 19:45
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    875 45x55-700 = 875 ...
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