Answered: you can sell 10 computers for $1400…

you can sell 10 computers for $1400 each or 11 computers for $1300 each, and the marginal cost is $1000, what should you do and what is the profit?

Microeconomics: Private and Public Choice (MindTap Course List)

16th Edition

ISBN:9781305506893

Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

Chapter7: Consumer Choice And Elasticity

Section: Chapter Questions

Problem 2CQ

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5. If you can sell 10 computers for $1400 each or 11 computers for $1300 each, and the marginal cost is $1000, what should you do and what is the profit?

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