Profit Per Unit Is the Difference Between

question 34

Multiple Choice

Profit per unit is the difference between

• A) revenue per unit and average total cost.
• B) total revenue and average total cost.
• C) marginal revenue and marginal cost.
• D) total revenue and total cost.
• E) revenue per unit and marginal cost.

---

Definitions:

Petition

A formal written request, typically signed by multiple individuals, appealing to authority with respect to a particular cause.

Election

The formal process of selecting a candidate for office or deciding on a proposal by casting ballots.

Certification Election

A formal process in which employees vote to determine whether they wish to be represented by a labor union.

NLRB

The National Labor Relations Board, a United States government agency responsible for enforcing US labor law in relation to collective bargaining and unfair labor practices.