A manufacturer estimates his marginal cost and revenue at various levels of output to be the following. If fixed cost is 500, estimate, using the Simpsons rule, the total profit or loss of producing 100 units is Blank 1. Fill in the blank, read surrounding text.
GHC
q (units)
0
20
40
60
80
100
120
MC
260
250
240
200
240
250
270
MR
410
350
300
250
270
250
300