Answer:
$1,500
Explanation:
Total units of output = 1500units
If output cost per unit = $10
Total cost for 1,500units = $10×1,500
Total output cost = $15,000
If the sales pee unit = $11
Total sales of 1500units = $11×1500
Total sales = $16500
Profit earned = Total sales - Total output cost
Profit earned = $16,500-$15,000
Profit earned = $1,500
The firm would earn profit of $1,500
