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A firm has an average total cost of $50. If it sells 20 units of its product at $80 each, what is its profit?

A firm has an average total cost of $50. If it sells 20 units of its product at $80 each, what is its profit?
asked 223k views
5 votes
A firm has an average total cost of $50. If it sells 20 units of its product at $80 each, what is its profit?

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User Balthazar Rouberol
by
8.4k points

2 Answers

6 votes
600 I think hope you get it right
answered
User Alon Yampolski
by
7.3k points
4 votes
$600 i would assume because they’re making $30 profit and 20x30 is 600. hope it helps☺️
answered
User Samina
by
7.9k points
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