Suppose a monopolist's profit-maximizing output is 400 units per week and that the firm sells its output at a price of $60 per unit. The firm has total costs of $10,000 per week. Assume the monopolist is maximizing its profit and earns $40 per unit from the sale of the last unit produced each week. Instructions: Enter your answers as a whole number. a. What are the firm's weekly economic profits? 2$ b. What is the firm's marginal cost? 2$ c. What is the firm's average total cost? $4

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