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There is a firm that can operate on domestic and export markets. The domestic price is equal to $50, the world price is equal to $20. If a firm chooses to sell its good domestically, its sales will be 40 units, if it chooses to export, its sales will be 60 units. Per unit production costs of this firm is $25 and the fixed costs of production are equal to 600. The total profits of this firm will then be equal to [profits]
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