In a perfectly competitive market, assume the market price is $5 per unit and the profit-maximizing quantity is 70 units. If the ATC at 70 units is $8, what is the profit/loss amount at the profit-maximizing quantity?Multiple choice question.−$350$350$210−$210

a perfectly competitive market, assume the market price is $10 per unit, and the profit-maximizing quantity is 45 units. If the ATC at 45 units is $8, the profit/loss amount at the profit-maximizing quantity is $

Our company sells a product for $120 per unit. Variable costs are $90 per unit and fixed costs are $4,000. The company expects to sell 200 units this year. How many units must we sell to earn a profit of $2,000?Group of answer choices200250300340

. Given the following data for a perfectly competitive firm, what is the amount of profit the firm will make atthe profit maximizing output? AR = $100 and TC = 1,000 + 125Q - .5Q2 where Q = units produced permonthA) none – the firm would shut downB) $1,312.50C) $2,548.63D) –$1,425.86E) –$2,351.27

Two articles are sold by a shopkeeper. One of them is sold for 10% profit. Its selling price equals the cost price of the other article, which is sold for 10% loss. Find the effective profit/loss percentage approximately.

A business has fixed costs of $3,570 per month and the product sells for $105. The variable cost is $26 per unit.The business wishes to make a profit of $4,227 AFTER tax.How many units must be sold? Answer in whole units only.