If Fixed Costs Are 30, Variable Costs Per Unit Are

question 7

Multiple Choice

If fixed costs are 30, variable costs per unit are Q + 3, and the demand function is P + 2Q = 50
Which of the following gives the formula for the associated profit?

• A)47Q - 2Q2 + 33
• B)47Q - 3Q2 - 30
• C)49Q - 2Q2 + 33
• D)49Q - 2Q2 - 33
• E)53Q - 3Q2 + 30

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