Use the following to answer questions:
Figure: The Perfectly Competitive Firm 
-(Figure: Perfectly Competitive Firm) Look at the figure The Perfectly Competitive Firm. The figure shows a perfectly competitive firm that faces demand curve d and maximizes profit. If the firm faces a market price of $3, its total profit per day is:
Definitions:
Interest Rate Ceilings
Interest rate ceilings are regulatory measures to limit the maximum interest rate that can be charged on loans and credit products to protect consumers.
Theory Of Profits
An explanation of how profits arise in markets, focusing on factors like risk, investment returns, and the dynamics between revenue and costs.
Taking Risks
The act of engaging in actions or decisions that have a significant chance of leading to loss but also offer potential rewards.
Supply Of Loanable Funds
The total amount of funds available for borrowing in the financial markets, determined by saving behaviors and the influence of interest rates.
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