Asaad has a project to sell children's toys, and it achieved a total revenue for this month (580,000) dinars, noting that the number of units sold is (50) units per month, and the cost of producing one unit amounted to (11,600),
Asaad has a project to sell children's toys, and it achieved a total revenue for this month (580,000) dinars, noting that the number of units sold is (50) units per month, and the cost of producing one unit amounted to (11,600),
Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter12: The Cost Of Production
Section12.4: Costs In The Short Run And In The Long Run
Problem 4QQ
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Transcribed Image Text:Asaad has a project to sell children's toys,
and it achieved a total revenue for this month
(580,000) dinars, noting that the number of
units sold is (50) units per month, and the cost
of producing one unit amounted to (11,600),
being a marketing manager, then? *
The project will make a loss.
The project will be profitable.
Selling at cost
Not from the above.
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