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anygoal [31]
3 years ago
5

A transfer payment is

Business
1 answer:
77julia77 [94]3 years ago
8 0
I think the answer is B
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3. Working with Numbers and Graphs Q3 Suppose that a small business sells 975 units of goods per month at $30 per unit. The unit
Salsk061 [2.6K]

Answer:

economic profit  = $11225

Explanation:

given data

sells = 975 units

cost = $30 per unit

cost of producing goods = $15

implicit costs = $3,400

solution

total revenue = 975 × 30 = $29250

and total cost = 975 × 15  = $14625

so here Total profit will be as

Total profit = $29250 - $14625  = $14625

so here economic profit will be

economic profit  = Total profit  - implicit costs

economic profit  = $14625 -  $3,400

economic profit  = $11225

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?daniel has started a small shoe manufacturing company. he does not want the best equipment at the moment, so he is using equipm
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In this scenario, Daniel is <span>satisficing.
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