anthony3447 anthony3447
  • 03-06-2021
  • Business
contestada

If a firm sells 6 units at a price of $6 with a total cost of $7, what is the firm's profit from selling 6 units

Respuesta :

Zviko
Zviko Zviko
  • 04-06-2021

Answer:

$6 (loss)

Explanation:

Profit per unit = Selling Price - Cost Price

                       = $6 - $7

                       = - $1

Total profit / (loss) = - $1 x 6 = ($6)

Conclusion

The result is a loss simply because the Cost is higher than the Selling Price

Answer Link

Otras preguntas

Which of the following best describes a major theme of the poem
why would you support the congressional reconstructione
The area where the motor nerve meets the muscle is called the.
Contrast how the grandmother is viewed at home versus at the baths. How does the granddaughter’s view of grandma change after her day at the baths? Cite evide
In paragraph 4, what does grandeur most nearly mean?
I don’t know ans of 17 number say me answer
What is one quality literary nonfiction have in common with fiction
Which of the following is the solution to the equation 25(2 + 4) = 125? z = 5.5 z = 3.5 z=-2.5 z=-0.5
Help (๑¯◡¯๑)me please ​
List the pass requirements for qualification in the Bachelors pass