Answered: Wing Al corporation produced and sold…

Wing Al corporation produced and sold 600 units of output. The total cost of production was $30,000. Each unit sold for a price of $65. The Wing Al corporation's total revenues are:

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Wing Al corporation produced and sold 600 units of output. The total cost of production was $30,000. Each unit
sold for a price of $65. The Wing Al corporation's total revenues are:
O $9,000
O $30,000
$32,500
O $39,000
O $65

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