-According to the above figure, what are the profits of the firm if it produces 50,000 units?
A) -$5,000 per day
B) -$10,000 per day
C) -$7,500 per day
D) -$17,500 per day

Question

-According to the above figure, what are the profits of the firm if it produces 50,000 units?
A) -$5,000 per day 
B) -$10,000 per day 
C) -$7,500 per day 
D) -$17,500 per day

Quizplus · Accepted Answer

The profit of a firm is calculated by subtracting total costs from total revenues. Without the specific figure, it's impossible to calculate the exact profit. However, given the choices, if this question is based on a specific graph or data set not provided in your question, the correct answer would typically involve calculating the total revenue (which is the price per unit times the number of units sold) and subtracting the total cost (which could include fixed and variable costs) for producing 50,000 units. Since I can't see the figure or data you're referring to, I can't perform the exact calculation, but the correct answer would be determined by applying this method to the provided data.

-According to the Above Figure, What Are the Profits of the Firm