Clay earth company sells ceramic pottery at a wholesale price of $ 6.00 per unit. the variable cost of manufacture is $ 3.00 per unit. the fixed costs are $ 7 comma 700 per month. it sold 4 comma 000 units during this month. calculate clay earth's operating income (loss) for this month. a. ($ 7 comma 700) b. $ 4 comma 300 c. $ 16 comma 300 d. ($ 4 comma 300)

The basic difference between macroeconomics and microeconomics is that: a. microeconomics looks at the forest (aggregate markets) while macroeconomics looks at the trees (individual markets). b. macroeconomics is concerned with groups of individuals while microeconomics is concerned with single countries. c. microeconomics is concerned with the trees (individual markets) while macroeconomics is concerned with the forest (aggregate markets). d. macroeconomics is concerned with generalization while microeconomics is concerned with specialization.