IDNLearn.com: Where your questions meet expert advice and community support. Ask any question and get a detailed, reliable answer from our community of experts.
Sagot :
The firm's short run profit is $14,000.
What is the short run profit or loss?
Short run profit or loss can be determined by subtracting total revenue from total cost. Total revenue is total units sold multiplied by price per unit.
Short run profit = total revenue - total cost
Short run profit = (1000 x 50) - 36,000 = $14,000
To learn more about profit, please check: https://brainly.com/question/26181966
#SPJ1
Thank you for participating in our discussion. We value every contribution. Keep sharing knowledge and helping others find the answers they need. Let's create a dynamic and informative learning environment together. IDNLearn.com is your go-to source for accurate answers. Thanks for stopping by, and come back for more helpful information.