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Author Question: A firm earns 600 of total revenue from selling its product at 200 per unit. If the per-unit cost of ... (Read 55 times)

berenicecastro

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on: Jun 29, 2018
A firm earns 600 of total revenue from selling its product at 200 per unit. If the per-unit cost of producing the good is 150, the firm sells ________ units(s) of the good.
 
  A) 1
  B) 2
  C) 3
  D) 4

Question 2

If variable x always increases when variable y decreases, x and y are said to be
 
  A) positively related.
  B) negatively related.
  C) unrelated.
  D) trend related.


yotaSR5

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  • Posts: 331
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

B


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