The total cost for producing
units of a commodity is $4.8 million, and the revenue generated by the sale of
units is $7.4 million. What is the profit on
units of the commodity?
A) $12.2 million
B) $1.5 million
C) $2.6 million
D) $4.8 million
E) $7.4 million
Correct Answer:
Verified
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