If a firm is producing 10 pizzas, and the price of a pizza = $3.50, the AFC = $.80, and AVC = $3.00, then the firm is
a. earning a profit of $.80 per pizza
b. earning a total profit of $8.00
c. losing $.30 per pizza
d. losing a total of $6.00
e. earning a profit of $.50 per pizza
C
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