Goodspeed automobiles manufactures 100 disc brake cylinders, Ask an Expert

Economics

Goodspeed Automobiles manufactures 100 disc brake cylinders. At this output level, its marginal revenue is equal to its marginal cost. If the revenue per unit of output is $500 and the cost per unit is $350, its profit is:

a. $10,000.

b. $15,000.

c. $25,000.

d. $45,000.

e. $20,000.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91675172

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