Bartech, Inc. is a firm operating in a competitive market. The manager of Bartech forecasts product price to be $28 in 2015. Bartech's average variable cost function is estimated to beAVC = 10 ? 0.003Q + 0.0000005Q2Bartech expects to face fixed costs of $12,000 in 2015. How much profit (loss) does Bartech, Inc. expect to earn?
A. -$2,500
B. $96,000
C. $156,000
D. $166,000
E. $127,000
Answer: B
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