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Sheila runs an ice cream stand in a monopolistically competitive market. The figure below displays the demand curve for Sheila's firm along with other cost

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Sheila runs an ice cream stand in a monopolistically competitive market. The figure below displays the demand curve for Sheila's firm along with other cost and revenue information. The x-axis measures the number of ice cream cones produced by Sheila's firm. Use the figure to answer the following question. MC 5.80 Price 5 ATO 12 1.65 +. Demand 50 100 150 200 250 300 335 350 400 450 500 550 600 Quantity What is the value of Sheila's economic profit? $1,037.50 $637.50 O- $400 (negative $400) $0

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