The average total cost at the profit-maximizing/loss-minimizing amount is a little over

A) $8 per unit.
B) $9 per unit.
C) $10 per unit.
D) $11 per unit.

Average Total Cost

The total cost of production (fixed plus variable costs) divided by the number of units produced, giving a per-unit cost of production.

Profit-Maximizing

A strategy or point at which a business achieves its highest possible profit, with an optimal level of output and pricing.

Loss-Minimizing

A strategy or approach aimed at reducing the amount of losses incurred in business operations or investments.