A manager invests $400,000 in a technology to reduce overall costs of production.The company managed to reduce their cost per unit from $2 to $1.85.Ceteris peribus,if the firm continues its production in the same economic environment,the firms accounting profits should

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By reducing the production cost per unit, the company will be able to increase its profit margin. This means that for every unit sold, the company will earn a higher profit. As a result, the overall accounting profits should increase. However, it is important to note that other factors, such as competition and market demand, may also impact the company's profits.

A Manager Invests $400,000 in a Technology to Reduce Overall