In the product market there is a situation of sophisticated competition. The firm signed a contract to rent a factory for a year. bloody The rent is NIS 12,000 per month. Below are the firm's monthly expenses 3 2 quantity (in units) 18,000 Total variable expenses Total expense 5 88,000 100,000 64,000 45,000 28,000 76,000 57.000 40.000 30,000 After the contract was signed, the market price dropped to NIS 17,000 per unit. As a result, what will be the profit that the firm will refer to in its decisions regarding production in the short term (what is the operating profit)!
In the product market there is a situation of sophisticated competition. The firm signed a contract to rent a factory for a year. bloody The rent is NIS 12,000 per month. Below are the firm's monthly expenses 3 2 quantity (in units) 18,000 Total variable expenses Total expense 5 88,000 100,000 64,000 45,000 28,000 76,000 57.000 40.000 30,000 After the contract was signed, the market price dropped to NIS 17,000 per unit. As a result, what will be the profit that the firm will refer to in its decisions regarding production in the short term (what is the operating profit)!
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Please answer correct calculation please asap please
Don't answer by pen paper plz.
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