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 hats.The marginal cost of producing a hat is $18.How much is producer surplus at the Saint's profit-maximizing output?
Definitions:
Sample Activity
An operation or series of operations carried out on a sample within a study or experiment.
Operational Procedures
Operational procedures are the documented processes and guidelines that outline the standard operating methods of an organization or a specific process to ensure efficiency and quality.
Systematic Sampling
Systematic sampling is a statistical method involving the selection of elements from an ordered sampling frame, using a fixed periodic interval after a random start, to ensure a representative sample.
Sampling Method
Techniques or strategies used to select a representative subset of the population for analysis.
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