Consider the Price and Quantity Data Below for a Perfectly

Multiple Choice

Consider the price and quantity data below for a perfectly competitive firm producing mousetraps.
TABLE 9-1
-Refer to Table 9-1.Suppose this firm is producing 1500 mousetraps and its average total cost is $5.10 per unit.The firm will be

A) suffering losses of $7650.
B) earning profits of $7650.
C) breaking even.
D) earning profits of $150.
E) suffering losses of $150.