What is the product of the following reaction? 
Definitions:
Economic Profit
The total revenue of a business minus its explicit and implicit costs; a measure of profitability that includes opportunity costs.
Perfectly Competitive Firm
A company that operates in a perfectly competitive market, cannot influence the market price, and produces at an optimal output level.
Profit-maximizing
Profit-maximizing refers to a strategic approach by businesses to adjust their production and pricing to achieve the highest possible profit.
Perfectly Competitive Firm
A hypothetical business in a market where no single company can influence the market price or product quality, leading to an efficient allocation of resources.
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