Econ Mentor That is correct! What are my profits if I am making 60 lunches and selling them for 10 each when my costs are 1 a lunch? 500 600 540 Kim

To calculate your profits, you need to determine the total revenue and subtract the total costs.1. **Total Revenue**: This is calculated by multiplying the number of lunches sold by the price per lunch. 600 \]2. **Total Costs**: This is calculated by multiplying the number of lunches made by the cost per lunch. 60 \]3. **Profit**: Subtract the total costs from the total revenue. 60 = \ .