Refer to the information provided in Table 8.6 below to answer the question(s) that follow.
 Table 8.6Refer to Table 8.6. If the firm is in a perfectly competitive industry with a market price of $15 per unit, the firm will produce ________ units and earn a profit of ________.

If interest rates rise by 5 percentage points, say from 10 to 15%, bank profits (measured using gap analysis) will

A) decline by $0.5 million. B) decline by $1.5 million. C) decline by $2.5 million. D) increase by $2.0 million.

Suppose people value clean air more as their incomes increase, then

A) the marginal cost curve of pollution abatement to shift left, increasing the degree of air quality. B) the marginal cost curve of pollution abatement to shift right, increasing the degree of air quality. C) the marginal benefit curve of pollution abatement to shift right, increasing the degree of air quality. D) the marginal benefit curve of pollution abatement to shift left, increasing the degree of air quality.