Question
A company finds its marginal profit MP when selling 100 items is 3 dollars per item. Choose the best interpretation of what this predicts. A.
A company finds its marginal profit MP when selling 100 items is 3 dollars per item. Choose the best interpretation of what this predicts.
A. If sales increase from 100 to 101 items, profit will decrease by about $3.
B. If sales increase from 100 to 101 items, profit will increase by about $3.
C. The profit from selling 101 items is $ 3. D. The profit from selling 100 items is $ 3.
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Accounting In A Nutshell Accounting For The Non-specialist
Authors: Walker, Janet
3rd Edition
075068738X, 9780750687386
