Sugar corp has a selling price of $20, variable costs of $12 per unit, and fixed costs of $25,000. maple expects profit of $300,000 at its anticipated level of production. if sugar sells 5,000 units more than expected, how much higher will its profits be?

So we first need to find the profit per unit, which means we need to find the number of units sold

profit = (sales price* quantity) - variable cost*quantity - fixed costs

plug in what we know

300,000 = (20q) - 12q-25,000

275,000 = 8q

q= 34,375 units produced. Then take profit/units = 300,000/34375 = 8.73 profit per unit

Now if we sell 5,000 more units, we would have 8.73*5000 = 43,636.36 additional profit

consumer credit. an advantage is that it allows consumers to afford expensive goods and services now, increasing their standard of living. however, a disadvantage is that it creates a trap for debt, if people do not have self control, they may see themselves filing personal bankruptcy.