Nakawé, LLC produces and sells greeting cards in a competitive market. The total cost of producing 1000 greeting cards is $4000. The price of a greeting card is $4. What is this…

Question

asked Aug 2, 2021 77.6k views

1 Answer

MattDionis · Answer 1 · 2021-08-08T01:53:03+0000

Answer:

Nakawé, LLC produces and sells greeting cards in a competitive market. The total cost of producing 1000

greeting cards is $4000. The price of a greeting card is $4.

What is this firm's economic profit (or loss)?

Step-by-step explanation:

or loss