Answer:
Total profit= $40
Explanation:
Giving the following information:
It costs a firm that sells blueberry jam $6 to sell a single jar of jam. Selling price= $10
Number of units= 10
To obtain the total profit, we need to deduct the total cost to total revenue:
Sales= 10*10= $100
Cost of goods sold= 10*6= (60)
Total profit= $40
