Suppose a monopolist faces consumer demand given by

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P$=700-2$ Q

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with a constant marginal cost of $\backslash (\backslash$$ $20\backslash )$ per unit $($where marginal cost equals average total cost. assume the firm has no fixed costs$).$

If the monopoly can only charge a single price, then it will earn profits of $\backslash (\backslash$$ $\backslash ).($Enter your response rounded as a whole number.$)$

Correspondingly, consumer surplus is $\backslash (\backslash$$ $\backslash )$

However, if the firm were to practice price discrimination such that consumer surplus becomes profit, then, holding output constant at $170,$ the monopoly would have profits of $\backslash (\backslash$$ $\backslash )$