Explain what can we conclude from the information


A company is forming the15, 000 units. At this output level, the marginal cost is $18 and the marginal revenue is $22. The firm sells each unit for $48 and average total cost is $40. Explain what can we conclude from this information?

Request for Solution File

Ask an Expert for Answer!!
Macroeconomics: Explain what can we conclude from the information
Reference No:- TGS0872619

Expected delivery within 24 Hours