Answer the question on the basis of the following demand and cost data for a specific firm.       (1) Price (2) Price (3) Quantity Total Output Total Cost $ 50 $ 35 2 2 $ 45 45 30 3 3 55 40 25 4 4 70 35 20 5 5 90 30 15 6 6 115 25 10 7 7 145 20 5 8 8 180   If columns 1 and 3 are this firm's demand schedule, maximum economic profit will be   Multiple Choice   $60.   $70.   $90.   $80

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A:

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