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A company sells radios for \(\$15.00\) each. It costs the company \(\$14.00\) per radio to produce \(1,000\) radios and

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by M7MBA » Thu Oct 29, 2020 11:53 am

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A company sells radios for \(\$15.00\) each. It costs the company \(\$14.00\) per radio to produce \(1,000\) radios and \(\$13.50\) per radio to produce \(2,000\) radios. How much greater will the company's gross profit be from the production and sale of \(2,000\) radios than from the production and sale of \(1,000\) radios?

A. \(\$500\)
B. \(\$1,000\)
C. \(\$1,500\)
D. \(\$2,000\)
E. \(\$2,500\)

Answer: D

Source: Official Guide
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