XYZ Corporation Produced 300 Units of Output but Sold Only

question 170

Multiple Choice

XYZ Corporation produced 300 units of output but sold only 250 of the units it produced.The average cost of production for each unit of output produced was $100.Each of the 250 units sold was sold for a price of $95.What would total revenue for XYZ Corporation be

• A)-$3875
• B)$3875
• C)$23,750
• D)$25,500

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Definitions:

Equity Theory

A theory of motivation suggesting that individuals assess their job satisfaction and motivation based on the perceived fairness of their treatment compared to others.

Extended Lunch Breaks

Longer than normal break periods allocated for lunch, beyond the typical schedule.

Co-Workers

Individuals who work together, often sharing tasks or goals within the same organization.

Economies Of Scale

The cost advantages that enterprises obtain due to their scale of operation, leading to decreased costs per unit.