Question: Refer to the table below. begin { tabular } { | l | l | l | l | l | l | l

Refer to the table below.
\begin{tabular}{|l|l|l|l|l|l|l|}
\hline Quantity & Variable \\
Cost \\
(in dollars)\\
(in \\
Costs \\
dollars)
\end{tabular}
If the firm produces 5 units that it sells for \(\$ 39.00\) each, what will its profits or losses equal?
a) losses equal \(\$ 40\)
b) profits equal \(\$ 70\)
C) profits equal \(\$ 30\)
d) losses equal \(\$ 70\)
Refer to the table below. \ begin { tabular } { |

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