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Other Fields Homework Help Economics Topic started by: AndrewKraus on May 23, 2017



Title: The price charged by a monopolistic competitor for each unit of a good is $7. If it produces 5,000 ...
Post by: AndrewKraus on May 23, 2017
The price charged by a monopolistic competitor for each unit of a good is $7. If it produces 5,000 units of the good at a total cost of $25,000, what is his profit?
A) $8,000
B) $10,000
C) $7,000
D) $35,000


Title: Re: The price charged by a monopolistic competitor for each unit of a good is $7. If it produces ...
Post by: Sudzbury on May 23, 2017
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Title: Re: The price charged by a monopolistic competitor for each unit of a good is $7. If it produces 5,000 ...
Post by: AndrewKraus on Jun 24, 2017
Needed this for my economics assignment, thanks