The Accompanying Table Gives Cost Data for a Firm That

Multiple Choice

The accompanying table gives cost data for a firm that is selling in a purely competitive market. If the market price for this firm's product is $87, it will produce

A) 9 units at an economic profit of zero.
B) 6 units at a loss of $90.
C) 9 units at an economic profit of $281.97.
D) 8 units at an economic profit of $130.72.