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Assume that marginal revenue equals rising marginal cost at 100 units of output. At this output...

Assume that marginal revenue equals rising marginal cost at 100 units of output. At this output level, a firm's total fixed cost is $500 and its total variable cost is $600. If the price of the product were $3 per unit and the firm follows its optimal strategy, the firm will earn an economic profit equal to?

a. -$600

b. -$500

c. $300

d. -$1,100

e. -$400

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