-Refer to the Graph Above to Answer This Question

question 112

Multiple Choice

-Refer to the graph above to answer this question.What is the firm's profit or loss at its optimum price and output?

• A)A loss of $1,015.
• B)A loss of $1,350.
• C)$0.
• D)A profit of $1,350.
• E)A profit of $1,584.

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Definitions:

Automatic Purchase

Buying decisions made with little conscious thought, often because of habit or brand loyalty.

Automaticity

The ability to perform actions without conscious thought or intention, achieved through repeated practice and learning.

Decision Habit Strength

The extent to which an individual's decisions are influenced by ingrained habits, often bypassing deliberative thought processes.

Rational Perspective

An approach that emphasizes logical, analytical, and objective decision-making based on available information and reasoning.