-Refer to the graphs shown. The maximum profits that an efficient monopolist that produces a profit-maximizing quantity could earn is best shown by the area:
A)A + B in graph (1).
B)A in graph (1).
C)C + D in graph (2).
D)C in graph (2).

Question

-Refer to the graphs shown.  The maximum profits that an efficient monopolist that produces a profit-maximizing quantity could earn is best shown by the area:
A)A + B in graph (1). 
B)A in graph (1). 
C)C + D in graph (2). 
D)C in graph (2).

Quizplus · Accepted Answer

The Answer of 
-Refer to the graphs shown.  The maximum profits that an efficient monopolist that produces a profit-maximizing quantity could earn is best shown by the area:
A)A + B in graph (1). 
B)A in graph (1). 
C)C + D in graph (2). 
D)C in graph (2).

-Refer to the Graphs Shown