Consider the Following Total Cost Schedule for a Perfectly Competitive

Multiple Choice

Consider the following total cost schedule for a perfectly competitive firm producing ball-point pens.
TABLE 9-3
-Refer to Table 9-3.Suppose the prevailing market price for this firm's product is $0.45.If the firm is producing 20 units of output per period,then its profit per unit is ________ and its total profit per period is ________.

A) $9; $180
B) $0.05; $1.00
C) $6; $120
D) $0.01; $2
E) $0.40; $8