Business, 08.12.2019 00:31 orlando979
Amanufacturer has a monthly fixed cost of $70,000 and a production cost of $13 for each unit produced. the production sells for $20 per unit.
a) what is the profit function?
b) what is the marginal cost?
c) how many units should be sold to break even?
d) compute the profit or loss corresponding to production levels of 2000 units.
e) if the manufacturer sold 15000 units of the product what was the average cost per unit?
Answers: 3
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