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Currently, a monopolist's profit-maximizing output is 400 units per week. It sells its output at a price of $65 per unit and collects $35 per
Currently, a monopolist's profit-maximizing output is 400 units per week. It sells its output at a price of $65 per unit and collects $35 per unit in revenues from the sale of the last unit produced each week. The firm's total costs each week are $9,500.
Given thisinformation, thefirm's maximized weekly economic profits are
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