Multiple Choice
The Reliable Auto Repair Shop has total revenue of $5,000. It has total fixed costs of $700 and total variable costs of $2,500. The Reliable Auto Repair Shop's profit is
A) -$3,200.
B) $1,800.
C) $2,500.
D) $4,300.
Correct Answer:
Verified
Correct Answer:
Verified
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