zoeys catnip toys faces the following relationship between price (p) and demand (v): v=2000-200p. The fixed cost is $500 and variable cost is $1. write the expression for total profit.

Profit = [(2000 - 200p) *  ( 2000 - v ) / 200 ] ]  - $501  

Explanation:

Demand ( V ) = 2000 - 200p

Price ( P ) = ( 2000 - v ) / 200

fixed cost = $500

variable cost = $1

The expression for total profit

Profit =  Total sale - cost

cost = $500 + $1 = $501

Total sale = (2000 - 200p) * [ ( 2000 - v ) / 200 ]

Profit = [(2000 - 200p) *  ( 2000 - v ) / 200 ] ]  - $501  

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