The figure below shows the costs of Quick Copy, one of many copy shops near campus. If the market price of copying is 10¢ a page, calculate Quick Copy's profit- maximizing output and economic profit. hour. hour. Cost (cents per page) 12 hour. 10 8 hour. 6 4 2 O 60 100 80 Quantity (pages per hour) Profit-maximizing quantity is 60 pages an hour and economic profit is $3.20 an Ÿ 20 MC 40 Profit-maximizing quantity is 80 pages an hour and economic profit is $7 an ATC Profit-maximizing quantity is 40 pages an hour and economic profit is $2.40 an Profit-maximizing quantity is 80 pages an hour and economic profit is $2.40 an

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