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Refer to the Information Provided in Figure 9

Question 59

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Refer to the information provided in Figure 9.2 below to answer the question(s) that follow. Refer to the information provided in Figure 9.2 below to answer the question(s)  that follow.   Figure 9.2 -Refer to Figure 9.2. If demand for wheat is D<sub>1</sub>, then a profit-maximizing firm will produce ________ units and earn ________. A)  0; negative profits B)  5; zero profits C)  10; negative profits D)  12; positive profits Figure 9.2
-Refer to Figure 9.2. If demand for wheat is D1, then a profit-maximizing firm will produce ________ units and earn ________.


A) 0; negative profits
B) 5; zero profits
C) 10; negative profits
D) 12; positive profits

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