"PowerSurge, a company selling batteries in a monopolistically competitive market, collected the data below of revenues and costs. Assuming the firm is producing at the profit-maximizing level of output, calculate total profit for PowerSurge."

Respuesta :

Answer:

Since the firm is maximizing its profit, it is producing and selling 40 units at $30 per unit, resulting in a net profit of $440.

Explanation:

Sine there is no information, I searched for a similar question:

Q             Sales revenue        Total costs           Profit

10                      $450                $340                  $110

20                     $800                $480                  $320

30                     $1,050              $620                  $430

40                     $1,200              $760                  $440

50                     $1,250              $900                  $350

60                     $1,200              $1,040                $160

70                     $1,050              $1,180                -$130

80                     $800                $1,320               -$520

90                     $450                $1,460               -$1,010

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