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Hardcovers are the most expensive books to produce.: True
The format with the highest profit per unit also has the highest number of units sold.: True
The book with the highest hardcover total profits also has the highest softcover and eBook total profits.: False
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
95%
(hard)
Question Stats:
36% (02:27) correct
64%
(02:15)
wrong
based on 162
sessions
History
Date
Time
Result
Not Attempted Yet
Source: 800 score
Attachment:
Hardcovers, softcovers eBooks.PNG [ 174.94 KiB | Viewed 2939 times ]
(Sort ↕ the table by clicking on the headers)
| Title | Format | Production Cost per Unit | Price | Profit per Unit | Units Sold | Total Profit |
|---|---|---|---|---|---|---|
| Watership Down by Richard Adams | Hardcover | $4.44 | $19.99 | $15.55 | 3,280 | $51,004.00 |
| 1984 by George Orwell | Hardcover | $5.44 | $18.99 | $13.55 | 8,739 | $118,413.45 |
| The Great Gatsby by F. Scott Fitzgerald | Hardcover | $3.12 | $23.99 | $20.87 | 7,947 | $165,853.89 |
| Watership Down by Richard Adams | Softcover | $2.92 | $8.99 | $6.07 | 5,368 | $32,583.76 |
| 1984 by George Orwell | Softcover | $3.32 | $7.99 | $4.67 | 3,712 | $17,335.04 |
| The Great Gatsby by F. Scott Fitzgerald | Softcover | $2.2.0 | $6.99 | $4.79 | 7,862 | $37,658.98 |
| Watership Down by Richard Adams | eBook | $0.99 | $9.99 | $9.00 | 9,111 | $81,999.00 |
| 1984 by George Orwell | eBook | $0.99 | $9.99 | $9.00 | 3,471 | $31,239.00 |
| The Great Gatsby by F. Scott Fitzgerald | eBook | $0.99 | $9.99 | $9.00 | 4,135 | $37,215.00 |
| True | False | |
| Hardcovers are the most expensive books to produce. | ||
| The format with the highest profit per unit also has the highest number of units sold. | ||
| The book with the highest hardcover total profits also has the highest softcover and eBook total profits. |
ShowHide Answer
Official Answer
Hardcovers are the most expensive books to produce.: True
The format with the highest profit per unit also has the highest number of units sold.: True
The book with the highest hardcover total profits also has the highest softcover and eBook total profits.: False
25 Apr 2020, 06:54
Kudos
Bookmarks
A)Yes,Hardcover is more expensive to produce since per unit cost is higher than the per unit cost of other types
B)Yes,it is true if we consider the total profit and total units
C)No,since that Great Gatsby book doesn't have Highest profit in e book category
Posted from my mobile device
B)Yes,it is true if we consider the total profit and total units
C)No,since that Great Gatsby book doesn't have Highest profit in e book category
Posted from my mobile device
bM22
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25 Apr 2020, 07:30
Kudos
Bookmarks
A & B - TRUE, C - FALSE
Explanation:
A. expensive books to produce will have highest number of units sold and high production cost/unit, it can be easily inferred from the table when we look at the 2 columns in the table: Production cost/unit and units sold, but here is the calculation for the same.
For hardcovers: (4.44*3280) + (5.44*8739) + (3.12*7947) = 86896 (also obvious by just looking at the values in the table)
For soft covers: (2.92*5368) + (3.32*3712) + (7862*2.20) = 45294.8
For ebooks : 0.99*(9111+3471+4135) = approx 16717
So A is true.
For B : The format with the highest profit per unit also has the highest number of units sold. -
Again can be easily inferred from the table: row 2 & 3 hard covers, have the highest number of units sold and the highest profit/unit.
B is true.
For C: The book with the highest hardcover total profits also has the highest softcover and eBook total profits.
The book with the highest hardcover total profits is: The great Gatsby, which when we look at the table doesn't have the highest total profit in soft cover and ebooks.
so C is false.
Explanation:
A. expensive books to produce will have highest number of units sold and high production cost/unit, it can be easily inferred from the table when we look at the 2 columns in the table: Production cost/unit and units sold, but here is the calculation for the same.
For hardcovers: (4.44*3280) + (5.44*8739) + (3.12*7947) = 86896 (also obvious by just looking at the values in the table)
For soft covers: (2.92*5368) + (3.32*3712) + (7862*2.20) = 45294.8
For ebooks : 0.99*(9111+3471+4135) = approx 16717
So A is true.
For B : The format with the highest profit per unit also has the highest number of units sold. -
Again can be easily inferred from the table: row 2 & 3 hard covers, have the highest number of units sold and the highest profit/unit.
B is true.
For C: The book with the highest hardcover total profits also has the highest softcover and eBook total profits.
The book with the highest hardcover total profits is: The great Gatsby, which when we look at the table doesn't have the highest total profit in soft cover and ebooks.
so C is false.
