Suppose You Were Working for Richstone's Bakery and Calculating Whether

Multiple Choice

Suppose you were working for Richstone's bakery and calculating whether the bakery was making a profit, considering the recent increase in rent. You have data for price (P) ,MR, ATC, MC, AVC, at the quantity of 1,000 breads a day. The firm's total profit is calculated by

A) P - AVC
B) P - ATC
C) P - MC
D) (P - ATC) Q
E) TR - TVC