Morgan Technologies sells a single product at $30 per unit. The firm's most recent income statement revealed unit sales of 80,000, variable costs of $720,000, and fixed costs of $810,000. If a $6 drop in selling price will boost unit sales volume by 20%, the company will experience:

$240,000 drop in profits.

Explanation:

The company's variable cost per unit is:

Initially, with a sales volume of n = 80,000 units at $30 each, the company's profit was:

After price drops to $24 per unit, and sales increase by 20%, the profit is:

The change in profit is:

The company will experience a $240,000 drop in profits.

answerpublish a notice of the proposed rulemaking proceeding in the federal register;

yes the correct answer was

b.the increased supply will create a surplus.