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Firm maximized weekly economic profits

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Reference no: EM131773931

Currently, a? monopolist's profit-maximizing output is 350 units per week. It sells its output at a price of ?$50 per unit and collects ?$30 per unit in revenues from the sale of the last unit produced each week. The? firm's total costs each week are ?$9,500.

Given this? information, the? firm's maximized weekly economic profits are ?$____________. (Enter your response as a whole number.)

Reference no: EM131773931

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