Economy, asked by Midoritrima, 18 days ago

A firm produces 100 units; its total variable cost is $250; its total cost is $350; and its average revenue is $7. What is the firm’s profit?

Answers

Answered by nihalrehan26

1

Explanation:

total cost =100×250=25000

total variable cost

=25000-350=24650-350=24300

variable cost per unit =24300/100=243

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