Selling price per unit = £0.63 Fixed Costs = £140 Variable

Cost per unit = £0.25

How many products do we need to sell to break even? I

Which of the following is not a personality trait? sincerity word processing punctuality laziness

Post test question number 9 for entering the job market

Suppose farmer lane grows and sells cotton in a perfectly competitive industry. the market price of cotton is $1.64 per kilogram, and his marginal cost of production is $1.44 per kilogram, which increases with output. assume farmer lane is currently earning a profit. can farmer lane do anything to increase his profit in the short run? farmer lane: a. cannot do anything to increase his profit. b. may or may not be able to increase his profit. c. can increase his profit by raising his price. d. can increase his profit by producing more output. e. can increase his profit by shutting down.