Refer to Table 15-1. When producing the profit-maximizing output, what is the amount of the firm's profit?

A market in which there is only a single seller and a single buyer is a:

A. perfectly competitive market. B. monopoly. C. monopsony. D. bilateral monopoly.

If the demand for olives falls when the price of cheese falls, then we know that cheese and olives are:

A. substitutes B. inferior goods C. complements D. normal goods