Multiple Choice
Refer to the information provided in Table 8.8 below to answer the following question(s) .
Table 8.8
-Refer to Table 8.8. Assume that Polynesian Fruit sells fruit baskets in a perfectly competitive market. The market price of a fruit basket is $30. To maximize profits, Polynesian Fruit should sell ________ fruit basket(s) and their profit is ________.
A) zero; $0
B) two; -$70
C) three; -$52
D) five; -$42
Correct Answer:

Verified
Correct Answer:
Verified
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