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    mjmeadows's Avatar
    mjmeadows Posts: 1, Reputation: 1
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    #1

    Oct 3, 2011, 10:40 AM
    On a per unit basis economic profit can be determined as the difference between:
    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
    ArcSine's Avatar
    ArcSine Posts: 969, Reputation: 106
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    #2

    Oct 4, 2011, 05:49 AM
    Yep, it's one of 'em. First recall what you read in the forum's homework help rules, then show your efforts at solving the question. That's the formula for getting assistance.
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