Business, 06.06.2020 15:58, somedudeontheIn

A small company that builds wooden fences can currently construct five fences per month for a total revenue of $5,000 and a total cost of $750. One month, the firm owner decides to invest in more equipment. This extra equipment allows the company to build a sixth fence per month, but raises total cost to $825. Assuming the firm charges the same price for the sixth fence as it did for each of the other five, what is the change in total profit that results from increasing output?

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A small company that builds wooden fences can currently construct five fences per month for a total...