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A monopolist firm faces inverse market demand given P = 1000 - Q with marginal (and average) costs of 100.If the firm sells all units

A monopolist firm faces inverse market demand givenP= 1000 -Qwith marginal (and average) costs of 100.If the firm sells all units at a single price, what is profit in this industry?

Select one:

a.

202,500

b.

205,000

c.

200,000

d.

197,500

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