How do these prices net these profits? Shouldn't it be $100 less $25 cost net $75? Or $70 less $20 cost = $50? In part b how are they assuming sales of 2 units ar $150 and only 1 unit at $140. Wouldn't it be the opposite?
How do these prices net these profits? Shouldn't it be $100 less $25 cost net $75? Or $70 less $20 cost = $50? In part b how are they assuming sales of 2 units ar $150 and only 1 unit at $140. Wouldn't it be the opposite?
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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