Figure: Calculating Profits Refer to the figure. How much profit is the firm making at the profit-maximizing quantity?
A) a profit of $200
B) The firm is not making a profit-it is making a loss of $220.
C) The firm is not making a profit-it is making a loss of $200.
D) The firm is not making a profit-it is making a loss of $320.

Question

Figure: Calculating Profits  Refer to the figure. How much profit is the firm making at the profit-maximizing quantity?
A) a profit of $200 
B) The firm is not making a profit-it is making a loss of $220. 
C) The firm is not making a profit-it is making a loss of $200. 
D) The firm is not making a profit-it is making a loss of $320.

Quizplus · Accepted Answer

The Answer of Figure: Calculating Profits  Refer to the figure. How much profit is the firm making at the profit-maximizing quantity?
A) a profit of $200 
B) The firm is not making a profit-it is making a loss of $220. 
C) The firm is not making a profit-it is making a loss of $200. 
D) The firm is not making a profit-it is making a loss of $320.

Figure: Calculating Profits Refer to the Figure