(Table: Prices and Demand) Look at the Table Prices and Demand.The

question 180

Multiple Choice

(Table: Prices and Demand) Look at the table Prices and Demand.The New Orleans Saints have a monopoly on Saints logo baseball hats.The Saints sell at most one hat to each customer, and the table shows each customer's willingness to pay.The marginal cost of producing a hat is $18.How much is the Saints' profit at the profit-maximizing output?

• A)$24
• B)$18
• C)$12
• D)$30

---

Definitions:

Annual Sales Volume

The total quantity of sales or services sold by a company in one fiscal year.

Sales Manager

A professional responsible for directing and overseeing a company's sales team, focusing on meeting sales targets and developing selling strategies.

Length of Experience

The duration or amount of time someone has been engaged in a particular activity or profession.

Order-taker

An employee whose primary job function is to take customer orders, often in a retail or service environment, without proactive selling responsibilities.