Suppose That the Marginal Cost (In Dollars) for a Product

question 108

Multiple Choice

Suppose that the marginal cost (in dollars) for a product is and its fixed cost is $380.00. If the marginal revenue (in dollars) for the product is , find the profit or loss from production and sale of 35 units. ​

• A) $46,485 profit
• B) $2,410 profit
• C) $2,410 loss
• D) $46,145 loss
• E) $46,145 profit

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Definitions:

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