Graph 14-4 the Graph Depicts the Cost Structure of a of a Firm

Graph 14-4
The graph depicts the cost structure of a firm in a competitive market. Use the graph to answer the following question(s) .
-Refer to Graph 14-4. When market price is P₂, a profit-maximising firm's losses can be represented by the area:

A) (P₃ - P₂) *Q₂
B) (P₂ - P₁) *Q₂
C) at a market price of P₂, the firm does not have losses
D) at a market price of P₂, the firm has losses, but the reference points in the graph don't identify the losses