Introduction to Economics 1 Deneme Sınavı Sorusu #754054


The table above shows some information for a firm that produces shoes. According to the given information, what is the profit of this firm?


85.000 TL

50.000 TL

35.000 TL

15.000 TL

5.000 TL


Yanıt Açıklaması:

We can calculate the profit by taking the total cost out of the total revenue (Profit  = Total Revenue  – Total Cost). However, the table in the question does not give us the information about the total revenue. Therefore, we, first, need to get the total revenue, which can be calculated by multiplying the price by the quantity (Total Revenue  = Price  x Quantity). Therefore, the total revenue would be (50 x 1000 = 50.000) 50.000 TL. As profit is the subtraction of the total cost from the total revenue, the profit would be (50.000 – 35.000 = 15.000) 15.000 TL. The correct answer is D.

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