If a customer values good A at $15, and it costs the firm $10 to produce, current profit per unit is
a. $10
b. $8
c. $5
d. $1
c
Economics
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The classical economists believe that prices and wages quickly adjust to keep the economy operating at full employment
a. True b. False Indicate whether the statement is true or false
Economics
When Ghana sells chocolate to the United States, U.S. net exports
a. increase, and U.S. net capital outflow increases. b. increase, and U.S. net capital outflow decreases. c. decrease, and U.S. net capital outflow increases. d. decrease, and U.S. net capital outflow decreases.
Economics