For each product price, decide how many units the firm will produce and what the corresponding profit or loss will be.

Note:Keep as much precision as possible during your calculations. Your profit/loss amounts should be accurate to at least two decimal places.

Question 1 [8 points] Assume the following cost data are for a purely competitive producer. For each product price, decide how many units the rm will produce and what the corresponding prot or loss will be. Note: Keep as much precision as possible during your calculations. Your prot/loss amounts should be accurate to at least two decimal places. a) $43.00 D) $39.00