Refer to the figure below. If the market for doughnuts is perfectly competitive, and the price of a doughnut is 25 cents, then at this firm's profit maximizing level of output, the firm will earn an economic ______ of ______ per day.
rev: 08_28_2015_QC_CS-20888
A) profit; $80
B) profit; $8
C) loss; $10
D) loss; $80
Correct Answer:
Verified
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