Question
The market price of a pizza is Rs 300. Corresponding to an output of 120 units, the average total cost of producing a pizza is Rs 250. Calculate his total profit at this output level.
Answer: Option D
:
D
Profit=(P−SAC)×q=(300−250)×120=Rs6000
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:
D
Profit=(P−SAC)×q=(300−250)×120=Rs6000
Was this answer helpful ?
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