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Use the following to answer question: Use the following to answer question: -(Table: Prices and Demand) Use Table: Prices and Demand.The New Orleans Saints have a monopoly on Saints logo baseball hats.The Saints sell at most 1 hat to each customer,and the table shows each customer's willingness to pay.The marginal cost of producing a hat is $18,and there are no fixed costs.How much is the Saints' profit at the profit-maximizing output? A) $24 B) $18 C) $12 D) $30
-(Table: Prices and Demand) Use Table: Prices and Demand.The New Orleans Saints have a monopoly on Saints logo baseball hats.The Saints sell at most 1 hat to each customer,and the table shows each customer's willingness to pay.The marginal cost of producing a hat is $18,and there are no fixed costs.How much is the Saints' profit at the profit-maximizing output?


A) $24
B) $18
C) $12
D) $30

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