Answered You can hire a professional tutor to get the answer.
Company A began selling its product for $10 per unit with a cost of $5 per unit. Company B began selling its product for $8 per unit with a cost of...
Company A began selling its product for $10 per unit with a cost of $5 per unit. Company B began selling its product for $8 per unit with a cost of $3 per unit. One year later Company A reduced its cost to $2 per unit but is still selling its product for $10 per unit. On the other hand, Company B has successfully increased price to $10 per unit with a cost of $3 per unit. Which company created more value per unit now that a year has passed?
Company A
Company B
They both created the same value.
Cannot be determined based on the information given.
