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AndrewKraus AndrewKraus
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7 years ago
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
Textbook 
Microeconomics

Microeconomics


Edition: 1st
Authors:
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SudzburySudzbury
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7 years ago
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AndrewKraus Author
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#2
7 years ago
Needed this for my economics assignment, thanks
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