Refer to the Information Provided in Figure 9

Multiple Choice

Refer to the information provided in Figure 9.7 below to answer the questions that follow. Figure 9.7
-Refer to Figure 9.7. If demand for wheat is D3, then a profit maximizing firm will produce ________ units and earn ________.

A) 15; positive profits
B) 9; positive profits
C) 12; negative profits
D) 13; exactly a normal return