Table: Spring Water.The table shows the demand and cost data for a firm in a monopolistically competitive industry producing drinking water from underground springs.At the profit-maximizing output,profit per unit is:

A) $1.17.
B) $8.83.
C) $10.00.
D) $11.75.

Monopolistically Competitive

Refers to a market structure where many firms sell products that are similar but not identical, allowing for some degree of market power and product differentiation.

Profit-maximizing Output

The level of production at which a firm achieves the highest possible profit, where marginal revenue equals marginal cost.

Demand

The desire to purchase goods or services at certain prices, reflecting how much of a product consumers are willing to buy at various price points.