The firm will earn a per unit profit of roughly:
- $2.50.
- $5.00.
- $7.50.
- $10.00.
Homework Answers
Option a
The above firm represents perfect competition and it will produce a quantity where the ATC is minimum and MC intersects with ATC.
Here at the intersection the profit per unit = Price - ATC = 10-7.5=2.5
Hence option a is selected.
Add Answer to:
The firm will earn a per unit profit of roughly:
$2.50.
$5.00.
$7.50.
$10.00.
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