Question: Use Table: Total Cost and Output, which describes Sergei's total costs for his perfectly competitive all-natural ice cream firm. If the market price of a

Use Table: Total Cost and Output, which describes Sergei's total costs for his perfectly competitive all-natural ice cream firm. If the market price of a tub of ice cream is $20, how much is Sergei's profit at the optimal short-run output?

Table: Total Cost and Output Table: Total Cost and Output Output Total Cost DAWN-O $ 10 60 80 110 170 245

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