24. Firms A and B are identical in every way except for their production technology. Firm A has low fixed operating costs but high variable costs. Firm B has high fixed operating costs but low variable operating costs. Which one of the following statements is true?

a. If sales are much lower than expected, then Firm A will be more profitable than Firm B.

b. Firm A is more profitable than Firm B.

c. Firm B is more profitable than Firm A.

d. If sales are much higher than expected, then Firm A will be more profitable than Firm B.

e. Firm A and B will be equally profitable