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Author Question: A perfectly competitive firm produces 3,000 units of a good at a total cost of $36,000. The price of ... (Read 127 times)

Medesa

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A perfectly competitive firm produces 3,000 units of a good at a total cost of $36,000. The price of each good is $10. Calculate the firm's short-run profit or loss.


profit of $6,000


loss of $6,000


profit of $30,000


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Marked as best answer by Medesa on Oct 8, 2019

Sassygurl126

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Medesa

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Reply 2 on: Oct 8, 2019
Great answer, keep it coming :)


nanny

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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