Use the Following to Answer Questions Below

Multiple Choice

Use the following to answer questions below

-Refer to the graph of unit cost curves 1. If the market price is 40, then a profit-maximizing competitive firm with these short-run unit cost curves

A) will not produce any output.
B) will produce output and will make economic losses.
C) will produce output and will make an economic profit of zero.
D) will produce output and will make economic profits.