Use the following to answer question: 
-(Table: Prices and Demand) Use Table: Prices and Demand.The New Orleans Saints have a monopoly on Saints logo hats.The marginal cost of producing a hat is $18.How much is producer surplus at the Saint's profit-maximizing output?
A) $24
B) $18
C) $12
D) $9
Correct Answer:
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Figure: A
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Figure: A
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