Table 12-1 Table 12-1 Shows the Short-Run Cost Data of a Perfectly

question 22

Multiple Choice

Table 12-1

Table 12-1 shows the short-run cost data of a perfectly competitive firm that produces plastic camera cases. Assume that output can only be increased in batches of 100 units.
-Refer to Table 12-1.If the market price of each camera case is $8 and the firm maximizes profit, what is the amount of the firm's profit or loss?

• A)$0 (it breaks even)
• B)loss of $1,000
• C)profit of $440
• D)loss of $440

---

Definitions:

Characters

Symbols or letters used in writing that represent sounds, words, or concepts in a language.

Unix Versions

Different releases or adaptations of the Unix operating system, each with specific features and improvements.

Characters

Single textual symbols like letters, digits, or punctuation, typically represented by bytes in computer memory.

Windows 98

An operating system by Microsoft released in 1998, known for its improved user interface and support for USB devices.