Flag question: Question $5$

Question $52$ pts

Answer the question based on the following information: Suppose $10$ units of product A can be produced by employing just labor and capital in the four ways shown below. Assume the prices of labor and capital are $$2$ and $$3,$ respectively.

Production Techniques

$1234$

Labor $4325$

Capital $2351$

If the price of product A is $$1\mathrm{.}00,$ and the firm is producing efficiently the firm will realize

Group of answer choices

Economic profit of $$10.$

Economic loss of $$3.$

Economic profit of $$23.$

Economic profit of $$3.$