Figure: The Monopolist
(Figure: The Monopolist) Look at the figure The Monopolist.At the profit-maximizing level, this monopolist will:
A.incur a loss equal to the area (P₁ - P₄) Q₁.
B.earn a profit equal to the area (P₂ - P₄) Q₂.
C.earn a profit equal to the area (P₂ - P₃) Q₂.
D.break even.

Question

Figure: The Monopolist
  (Figure: The Monopolist) Look at the figure The Monopolist.At the profit-maximizing level, this monopolist will: 
A.incur a loss equal to the area (P₁ - P₄) Q₁.
B.earn a profit equal to the area (P₂ - P₄) Q₂.
C.earn a profit equal to the area (P₂ - P₃) Q₂.
D.break even.

Quizplus · Accepted Answer

The Answer of Figure: The Monopolist
  (Figure: The Monopolist) Look at the figure The Monopolist.At the profit-maximizing level, this monopolist will: 
A.incur a loss equal to the area (P₁ - P₄) Q₁.
B.earn a profit equal to the area (P₂ - P₄) Q₂.
C.earn a profit equal to the area (P₂ - P₃) Q₂.
D.break even.

Figure: the Monopolist (Figure: the Monopolist) Look at the Figure the the Figure