If a Firm Sells 100 Units of Output at a Price

question 31

Multiple Choice

If a firm sells 100 units of output at a price of $5 and each unit costs $3 to produce,the firm is earning a

• A)Profit of $200
• B)Loss of $2 per unit
• C)Loss of $200
• D)Profit of $500
• E)Loss of $300

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Definitions:

Osmosis

Movement of a pure solvent through a semipermeable membrane from a solution with a lower solute concentration to one with a higher solute concentration.

Particle Concentration

A measurement that describes the number of particles (such as molecules, atoms, or ions) present in a given volume of a substance or mixture.

Calcium

An essential mineral in the body, crucial for bone health, muscle function, nerve signaling, and heart health.

Phosphate Level

A measurement of the amount of phosphate in the blood, which is important for bone formation, energy storage, and nerve function.