11 - California State University, Northridge

Profit per unit = Price per unit – ATC per unit when producing 70 units of output. Profit per unit = 380 –170.71 = $209.29 per unit. To verify your answer, check that profit per unit times number of units yields the same profit as you got initially. Thus, Profit = (profit per unit)(number of units produced) = ($209.29)(70) = $14650 2. ................
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