jcrowley1135 jcrowley1135

14-06-2022
Business

contestada

If the total costs of producing 1,500 units of output is $18,000 and this output sold to consumers for a total of $24,000, then the firm would earn economic profits of Multiple Choice $18,000. $6,000. $28,000. $42,000. $24,000.

Respuesta :

topeadeniran2 topeadeniran2

24-06-2022

The economic profit of the firm will be $6000.

How to calculate the economic profit?

The economic profit will be:

= Total revenue - Total cost

= 24000 - 18000

= 6000

In conclusion, the economic profit of the firm will be $6000.

Therefore, the correct option is B.

Learn more about profit on:

brainly.com/question/1078746

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