in its first year abolbuna company had the folloing experance sale=2500,tvc =1500000,tfc=350000,selling price 100 birr to find revnue ,cost,profit?
2 answers
idot kow this qastion?
again?
revenue = price * quantity = 100*2500
cost = tvc + tfc = 1,500,000 + 350,000 = 1,850,000
profit = revenue - cost
Looks like they lost money, unless you have a typo in there
revenue = price * quantity = 100*2500
cost = tvc + tfc = 1,500,000 + 350,000 = 1,850,000
profit = revenue - cost
Looks like they lost money, unless you have a typo in there