Question

A manufacture produar 15000, units of product the marginal cost of each product is 960rs and product sold for 1200 fixed cost incurred by company 48000 per annum​

Answer 1

Answer:

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Explanation:

Last year the manufacturer sold twice as many units of Q as P.

So, let's say the manufacturer sold 1 P and 2 Q's

What was the manufacturer’s average (arithmetic mean) revenue per unit sold of these 2 products last year?

TOTAL revenue = 1($20.00) + 2($17.00)

= $20.00 + $34.00

= $54

There were 3 units sold.

So, average price = $54/3 = $18