emilymariec3967 emilymariec3967

22-07-2022
Business

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the table to the right gives the per unit cost data for shirt manufacturer in a competitive industry. if the market price is $4.95

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okpalawalter8 okpalawalter8

25-07-2022

The profit made from transactions is mathematically given as

Pr=$238.70

What is the profit made from transactions?

Generally, the equation for Profit is mathematically given as

Pr= (P-ATC)* Q

Therefore

Pr=(9.97-6.87) * 77

Pr=$238.70

In conclusion, The profit made from transactions are

Pr=$238.70

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