On a per unit basis economic profit can be determined as the difference between:
Marginal revenue and product price
Product price and average total cost
Marginal revenue and marginal cost
Average fixed cost and product price
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On a per unit basis economic profit can be determined as the difference between:
Marginal revenue and product price
Product price and average total cost
Marginal revenue and marginal cost
Average fixed cost and product price
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What is the formula for computing profit per unit
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