profit? 10.Assume that a firm can produce product A, product B, or product C with the resources it currently employs. These resources cost the firm a total of $100 per week. Assume, for the purposes...

Extracted text: profit? 10.Assume that a firm can produce product A, product B, or product C with the resources it currently employs. These resources cost the firm a total of $100 per week. Assume, for the purposes of this problem, that the firm's costs cannot be changed. The market prices and the quantities of A, B, and C these resources can produce are given as follows. Market Product pri Output Profit се $14.00 10 9.00 11 C .50 300 (a) (b) (c) (d) firms producing product A? Compute the firm's profit when it produces A, B, or C and enter these data in the table. Which product will the firm produce? If the price of A rose to $16, which product will the firm produce? If the firm produces A at a price of $16, what would tend to happen to the number of earch PrtScn End Home F9 & %24