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 :

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

Consider a generator that rotates its 200 turn, 0.18 m diameter coil at 3250 rpm in a 0.65 T field. Calculate the peak voltage of the generator.

Which words contain a root that means “rule”? Check all that apply aristocracy congressman democrat diplomat governor monocrat

A car driving at an initial speed of 10.0 m/s accelerates on a straight road at 3.00 m/s^2. a) what is the speed of the car after one quarter of a mile? (1 mile

What is a reaction rate?

what is the OSHA color coding system

(-6,5) (-3,3) (0,1) what are the intercepts

What is political gerrymandering?

The majority of Argentines are descended from Chinese and Indian immigrants. Spanish and Italian immigrants. American and Mexican immigrants. Japanese and Austr

Write a Java program that calculates and prints the monthly pay check for an employee. The net pay is calculated after taking the following deductions: Federal

What's the difference between a brand-name and a generic product? A. The company that sells the product B. The side effects of the product C. The quality of the