Use the Following to Answer Question

question 10

Multiple Choice

Use the following to answer question:
-(Table: Total Cost and Output) Use Table: Total Cost and Output,which describes Sergei's total costs for his perfectly competitive all-natural ice cream firm.If the market price of a tub of ice cream is $50,how much is Sergei's profit at the profit-maximizing output?

• A)$680
• B)$330
• C)$150
• D)$40

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Definitions:

Marketer

A professional involved in the promotion and selling of products or services, often focused on creating strategies to increase market share.

Unplanned Purchases

Purchases made in a retail outlet that are different from those the consumer planned prior to entering the store.

Retail Outlet

A physical or digital store through which goods or services are sold directly to consumers.

Consumer Planned

A marketing strategy that involves creating products and services based on direct inputs and preferences from consumers, aiming to meet specific needs.