Currently, a monopolist's profit-maximizing output is 200 units per week. It sells its output at a...

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Currently, a monopolist's profit-maximizing output is 200 units per week. It sells its output at a...

Currently, a monopolist's profit-maximizing output is

200

units per week. It sells its output at a price of

$60

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

$7500.

Given this information, the firm's maximized weekly economic profits are

What is the firm's marginal cost?

$

c. What is the firm's average total cost?

(Enter your response as a whole number.)

business economics

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