Exhibit 11-3 
-Refer to Exhibit 11-3. Calculate the total cost when the firm is maximizing profit.
Definitions:
Group Potency
A group's collective belief in its own effectiveness and capability to accomplish tasks.
Identity Fusion
Describes a psychological state where an individual's personal identity becomes highly integrated with a group identity, leading to a strong sense of oneness with the group.
Incentive-Based
An approach that motivates behavior or performance through the offering of rewards or incentives aligned with achieving specific goals.
Legal Contract
A legally binding agreement between two or more parties, enforceable by law, stipulating obligations each party must fulfill.
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