Consider the following model of a firm. The firm can sell any number of units at the constant price, p, The marginal cost of production is given by MC = c + dq. If the technical parameters of the model are c=5 and d=2 and the price, p=£50, What is the maximum profit this firm can make? a. £506.25 b. £1125 c. £22.5 d. £618.75

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