Forgot your password?
Home Get Tutoring Get Paid Help Desk Create Account
Question from captain


Title: At Q = 1,000, the firmís profit amounts to

Question Details


Assume a certain firm is producing 1,000 units of output (so Q = 1,000). At Q = 1,000, the firm’s marginal cost equals $15 and its average total cost equals $11. The firm sells its output for $12 per unit.

Q:    At Q = 1,000, the firm’s profit amounts to

           a.   $–200.

           b.   $1,000.

           c.    $3,000.

           d.   $4,000.


You are not able to submit tutorial for this question.
Available Tutorials to this Question

Title: At Q = 1,000, the firmís profit amounts to

    • This tutorial was purchased: 1.

    • Posted Date: Apr 28, 2012 at 9:26:52 PM

    • The full tutorial is about words long

...sp;        a.   $–200.       &nbs...
Current date and local time on this server is 09-23-2017 (Sat) 5:42:59 PM (CST)
Notification !
Dear User,
We are updating our website and systems.
If you have some errors, problem, payment request or other questions,
please contact us with our new Customer Support System.

Click & Go to Support Center