Bartech,Inc.is a firm operating in a competitive market.The manager of Bartech forecasts product price to be $28 in 2015.Bartech's average variable cost function is estimated to be
Bartech expects to face fixed costs of $12,000 in 2015.The profit-maximizing or loss-minimizing) output for Bartech is
A) 0 units
B) 500 units
C) 1,000 units
D) 2,000 units
E) 6,000 units
Correct Answer:
Verified
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