Question

How do you get total cost from price of $2.75 and qty demanded of 1250

Answer 1

Answer:

$3437.5

Step-by-step explanation:

Given data

Unit cost= $2.75

qty demanded= 1250

To get to the total, we have to multiply the quantity by the unity cost

=2.75*1250

=$3437.5

Hence the total cost is

$3437.5