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Suppose a firm produced 200 units of output but sold only 150 units at a price of $80 each. The average total cost (per unit)

Suppose a firm produced 200 units of output but sold only 150 units at a price of $80 each. The average total cost (per unit) was $50. The total profit of this firm would be:

Select one:

a. $12,000

b. $10,000

c. $4,500

d. -$8,500

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