MC 2.000 ATC Price and costs (dollars per ton) 1,600 1,200 800 400 0 90 130 170 210 Quantity fons per day The figure above shows the costs for a grower in the perfectly competitive turnip market. If the price is $1,200 for a ton of turnips, the firm is Select one: a. making an economic profit b. making zero economic profit. c. incurring an economic loss. d. More information is needed to determine if the firm is making a positive economic profit, zero economic profit, or incurring an economic loss