Suppose Ben Owns a Small Company That Makes Kites What Is Ben's Economic Profit at His Profit-Maximizing Level of Market

Suppose Ben owns a small company that makes kites. The market for kites is perfectly competitive, and kites sell for $25 each. Ben's total production costs vary depending on the number of kites he makes each day, as shown in the accompanying table. $$\begin{array} { | c | c | } \hline \text { Number d kites Per Day } & \text { Tutal Cast Per Day (\$) } \\\hline 0 & 100 \\\hline 1 & 110 \\\hline 2 & 126 \\\hline 3 & 148 \\\hline 4 & 172 \\\hline 5 & 200 \\\hline 6 & 235 \\\hline\end{array}$$  
What is Ben's economic profit at his profit-maximizing level of output?

A) −$72
B) −$73
C) −$75
D) −$100

Correct Answer:

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