Jake owns a rental space in New York and is thinking of opening a restaurant in that space. The total cost of operating

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Jake owns a rental space in New York and is thinking of openinga restaurant in that space. The total cost of operating therestaurant is C(Q) = 20Q, where Q is the number of customers at therestaurant in a day. The market demand for restaurants is Q = 100 –p. Jake has the option of leasing out this space instead of openinga restaurant. The market rent for her property is $600. If Jake isoperating as a perfectly competitive firm. What is Jake'sAccounting profit , (please put your answer in numerical value withno dollar sign, comma, or decimal place). Her Economic Profit is .(please put your answer in numerical value with no dollar sign,comma, or decimal place). Jake has maximized the total surplus inthis market. (please put your answers as true or false, lower caseonly)
Which of the following marketstructures will have a higher market profit?
a.
Cournot with 2 firms.
b.
perfect competition.
c.
monopoly.
d.
Cournot with 5 firms