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Scenario: the Fixed Cost of Producing 500 Units of Good

Question 55

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Scenario: The fixed cost of producing 500 units of Good Y is $25,000, while the variable cost of producing 500 units of Good Y is $60,000.
-Refer to the scenario above.If the equilibrium price charged by a firm producing Good Y in the short run is $170,the firm will earn ________.


A) a profit of $10 per unit
B) a profit of $25 per unit
C) a profit of $0 per unit
D) a profit of $30 per unit

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