(Table: Total Cost for Peter's Plum Pantry) Use Table: Total Cost for Peter's Plum Pantry. Peter is the largest producer of plums in California. He is also a price-taking profit maximizer. In the short run, the firm will produce, but at a loss, if the price is: Table: Total Cost for Peter's Plum Pantry Quantity per Period Total Cost 0 $10 1 16 2 20 3 22 4 24 5 25 6 27 7 30 8 34 9 39 10 45 a. $4.50. b. $3.50. c. $2.00. d. $2.50