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consider that your profit-maximizing quantity of 500 can be produced at an average cost per unit of $9 and sold for a market price of $14. what is your profit per unit? $ what is your total profit? $

Respuesta :

The profit per unit is $5 and the total profit is $2,500.

Given in the Question:

Number of units = 500

Average cost per unit = $9

Market Price = $14

The profit per unit is calculated using formula:

= Market price - Average cost

= 14 - 9

= $5

The total profit is calculated using formula:

= Profit per unit x Number of units sold

= 5 x 500

= $2,500

Hence, The profit per unit is $5 and the total profit is $2,500.

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