How much net profit does a firm make

Reference no: EM131481699

Question: 1. (124 + 6 × 81) - (42 - 2 × 15) =

2. How much net (i.e. after tax) profit does a firm make if it produces 440 units of a good at an average cost of £3.40 each, and pays 15p tax to the government on each unit sold at the market price of £3.95, assuming it sells everything it produces?

Reference no: EM131481699

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