a monopolist’s profit-maximizing output
Currently, a monopolist’s profit-maximizing output is 300 units per week. It sells its output at a price of $70 per unit and collects $45 per unit in revenues from the sale of the last unit produced each week. The firm’s total costs each week are $8,000.
Given this information, the firm’s maximized weekly economic profits are $_______. (Enter your response as a whole number).
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