Scenario 13-16 A Certain Firm Produces and Sells Staplers. Last Year, It

Multiple Choice

Scenario 13-16
A certain firm produces and sells staplers. Last year, it produced 7,000 staplers and sold each stapler for $6. In producing the 7,000 staplers, it incurred variable costs of $28,000 and a total cost of $45,000.
-Refer to Scenario 13-16.Suppose the owner of the business had an offer to work for another firm for $25,000.The firm's economic profit for the year was

A) $-28,000.
B) $-25,000
C) $-3,000.
D) $17,000.