The monopoly has the choice to pursue a single-price policy, that is, no price discrimination. Suppose the total demand function is equal to Q=100-3P, or P=(100/3)-(1/3)Q and themarginal revenue for this market is given by MR=(100/3)-(2/3)Q. The equilibrium profit is equal to ________.

a.

$868

b.

$1,105.67

c.

$1,333.33

d.

$645.33