## A manufacturer makes and sells 2 products, P and Q. The reve

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### A manufacturer makes and sells 2 products, P and Q. The reve

by BTGmoderatorDC » Sat Jun 01, 2019 5:46 pm

00:00

A

B

C

D

E

## Global Stats

A manufacturer makes and sells 2 products, P and Q. The revenue from the sale of each unit of P is $20.00 and the revenue from the sale of each unit of Q is$17.00. Last year the manufacturer sold twice as many units of Q as P. What was the manufacturer's average (arithmetic mean) revenue per unit sold of these 2 products last year?

A. $28.50 B.$27.00
C. $19.00 D.$18.50
E. \$18.00

OA E

Source: Official Guide

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by swerve » Sun Jun 02, 2019 6:40 am
Revenue last year from the sale of $$P$$ is $$20\cdot 1 = 20$$
Revenue last year from the sale of $$Q$$ is $$17\cdot 2 = 34$$

Total Revenue from the sale of $$P$$ and $$Q$$ last year is 54.

Average Revenue from the sale of $$P$$ and $$Q$$ last year is $$\frac{54}{2+1}=18$$

Therefore, __E__ is the correct answer.

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