Refer to the following graph. The additional profit that might be achieved by monitoring a lazy monopolist with ATC (X-inefficient)is equal to the area of rectangle:
A)A minus the cost of monitoring.
B)B minus the cost of monitoring.
C)A plus rectangle B minus the cost of monitoring.
D)A minus rectangle B minus the cost of monitoring.

Question

Refer to the following graph.  The additional profit that might be achieved by monitoring a lazy monopolist with ATC (X-inefficient)is equal to the area of rectangle:
A)A minus the cost of monitoring. 
B)B minus the cost of monitoring. 
C)A plus rectangle B minus the cost of monitoring. 
D)A minus rectangle B minus the cost of monitoring.

Quizplus · Accepted Answer

The Answer of Refer to the following graph.  The additional profit that might be achieved by monitoring a lazy monopolist with ATC (X-inefficient)is equal to the area of rectangle:
A)A minus the cost of monitoring. 
B)B minus the cost of monitoring. 
C)A plus rectangle B minus the cost of monitoring. 
D)A minus rectangle B minus the cost of monitoring.

Refer to the Following Graph