Osion Electronics Inc. incurs a cost of $350 to produce one unit of a cell phone. The company's management has priced the product at $650 in the market. Considering the technological advancement of the cell phone, customers perceive its value to be around $800. What is the economic value created and what is the firm's profit? \begin{tabular}{|l|} \hline$650,$300 \\ \hline$450,$450 \\ \hline None of these \\ \hline$800,$450 \\ \hline$650,$450 \end{tabular}