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Maximizes profit at total economic of profit or loss

When the wholesale price P = $8 per bushel of peaches, it purely competitive peach orchard maximizes profit via producing ___ bushel of peaches at a total economic of profit or loss of $___. (i) zero; loss; -$4,000. (ii) 3000; loss; -$3,000. (iii) 3000; profit; $3,000. (iv) 4000; profit; $9,000. (v) 4000; profit; $4,000.

174_Profits and Losses1.png

Can anybody suggest me the proper explanation for given problem regarding Economics generally?

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