Exhibit 10-12 the Profit-Maximizing (Or Loss-Minimizing)price the Firm Would

Multiple Choice

Exhibit 10-12 The profit-maximizing (or loss-minimizing) price the firm would charge in Exhibit 10-12 is

A) nonexistent, since the firm should shut down
B) $3.25
C) $3.00
D) $2.50
E) between $2.50 and $3.00