A firm has an average total cost of $50. If it sells 20 units of its product at $100 each, what is its profit?

Question

asked Oct 23, 2022 125k views

1 Answer

Christophe · Answer 1 · 2022-10-28T08:44:03+0000

Answer:

$1,950

Step-by-step explanation:

If I understood what you're asking, I did 100 times 20 and then subtracted 50 from that

100x20 = 2000

2000-50 = 1950