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Bathworks has exclusive rights to sell its perfumes. The demand for its perfumes faced by Bathworks is given by Q = 250 - 0.5P. Bathworks's costs are given by TC = 50Q + 5.5Q2. Its maximum monopoly profit is:
a. $6,750.
b. $7,050.
c. $7,500.
d. $7,750.
e. $8,750.
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