Question

Table 15-1
Price per UnitQuantity Demanded (units)Total Cost of Production (dollars)
$8510$530
8011540
7512550
7013560
6514575
6015595
5516625
A monopoly producer of foreign language translation software faces a demand and cost structure as given in Table 15-1.
Refer to Table 15-1. What is the amount of the firm's profit?
A) $335
B) $350
C) $880
D) $910

Answer

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