If the firm produces 5 units that it sells at a price of $30.00 each, what will its profits or losses equal? A. Losses equal $15 B. Profits equal $15 C. Losses equal $25 D. Profits equal $25

Quantity |Variable Fixed Total Average Variable Average Total Costs (in Marginal Costs Cost Costs Costs Costs dollars per unit) (in dollars per (in dollars) (in (in (in dollars per unit) unit) dollars) dollars) O 40 40 15 40 55 15 55 15 2 35 40 75 17.5 37.5 20 60 40 100 20 33.3 25 4 90 40 130 22.5 32.5 30 125 40 165 25 16 160 200 26.6 35