Exhibit 10-9 in Order to Maximize Profit or Minimize

Multiple Choice

Exhibit 10-9 In order to maximize profit or minimize loss, the firm in Exhibit 10-9 should

A) produce 100 units of output and charge $15
B) produce 100 units of output and charge $8
C) produce more than 100 units of output and charge less than $8
D) produce slightly less than 100 units of output and charge more than $8
E) shut down