Multiple Choice
A computer manufacturer sells 1,000 units per month at $500 each.A price cut to $400 is being considered.His marginal cost is constant at $300 per unit.To maintain profits, quantity sold must increase to at least
A) 1,500
B) 2,000
C) 2,500
D) 3,000
Correct Answer:
Verified
Correct Answer:
Verified
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