Table 13-2

Eco Energy is a monopolistically competitive producer of a sports beverage called Power On. Table 13-2 shows the firm's demand and cost schedules.
-Refer to Table 13-2.What is Eco Energy's profit?
A)$125
B)$140
C)$145
D)$150

Question

Table 13-2
  
Eco Energy is a monopolistically competitive producer of a sports beverage called Power On. Table 13-2 shows the firm's demand and cost schedules.
-Refer to Table 13-2.What is Eco Energy's profit?
A)$125 
B)$140 
C)$145 
D)$150

Quizplus · Accepted Answer

Eco Energy's revenue is $200 and its costs are $55, so its profit is $200 - $55 = $145.

Table 13-2 Eco Energy Is a Monopolistically Competitive Producer of a Sports