if-a-firm-sells-100-units-at-a-price-of-15-each-and-the-average-total-cost-is-12

Question

If a firm sells 100 units at a price of $15 each, and the average total cost is $12, what is the total profit?

Accepted Answer

$300

Answer

$1500

Answer

$150

Answer

$1200

If a firm sells 100 units at a price of \$15 each, and the average total cost is \$12, what is the total profit?