Output Price Total Cost 0 $450 $250 1 $300 $260 2 $250…
Output Price Total Cost 0 $450 $250 1 $300 $260 2 $250 $290 3 $200 $350 4 $150 $480 5 $100 $700 The information above is based on a pure monopolist. At its profit-maximizing output, the given pure monopolist is earning an economic profit of $______Please do not input the $ sign. If your answer is $500 please input 500 for your answer.