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-Use the Above Figure $\mathrm { Q } _ { 4 }$

Question 100

Multiple Choice

$-Use the above figure.A regulatory commission sets the maximum price this monopolist can charge at P<sub>1</sub>.If this monopolist were to produce,it A) would produce \mathrm { Q } _ { 4 } output and generate losses. B) would produce \mathrm { Q } _ { 4 } output and generate profits. C) would produce \mathrm { Q } _ { 2 } output and generate losses. D) would produce \mathrm { Q } _ { 2 } output and generate profits.$
-Use the above figure.A regulatory commission sets the maximum price this monopolist can charge at P₁.If this monopolist were to produce,it

A) would produce $\mathrm { Q } _ { 4 }$ output and generate losses.
B) would produce $\mathrm { Q } _ { 4 }$ output and generate profits.
C) would produce $\mathrm { Q } _ { 2 }$ output and generate losses.
D) would produce $\mathrm { Q } _ { 2 }$ output and generate profits.