Jaymes Corporation produces high-performance rotors. It expects to produce 56,000 rotors in the coming year. It has invested $10,150,000 to produce rotors. The company has a required return on investment of 16%. What is its ROI per unit

Which of the following statements best reflects a price-taking firm? price-taking firms maximize profits by charging a price above marginal cost. the firm can sell only a limited amount of output at the market price before the market price will fall. if the firm were to charge more than the going price, it would sell none of its goods. the firm has an incentive to charge less than the market price to earn higher revenue.