Question
A firm that sells a product has currently been working with the following data: The unit prices, value, costs and sales in the past month
A firm that sells a product has currently been working with the following data: The unit prices, value, costs and sales in the past month are as follows: V = $210, P = $150 and C = $120. At the price of $150, the number of units sold = 3,000 units.
Find CS or Consumer's surplus per unit, Profit per unit, Total Profit.
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International Trade Finance
Authors: Tarsem Bhogal, Arun Trivedi
2nd Edition
303024542X, 9783030245429
