Price is not: The revenue per unit. The same as cost. Greater than cost in order...

Question

Question

Price is not:

The revenue per unit.

The same as cost.

Greater than cost in order for the firm to earn income.

The same as cost per unit plus the income per unit.

Answer 1

Answer #1

Price is revenue for per unit, greater than cost in order for the firm to earn income and same as cost per unit plus the income per unit.

Price is not the same as cost.

2nd option.

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Answer 2

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