-The figure above shows the costs and demand curves for the Bigshow Cable Company. If the regulator of Bigshow Cable Company set its price at $4, the company would
A) receive a producer surplus equal to $18 million.
B) make zero economic profit.
C) incur an economic loss of $7 million.
D) none of the above.

Question

-The figure above shows the costs and demand curves for the Bigshow Cable Company. If the regulator of Bigshow Cable Company set its price at $4, the company would
A) receive a producer surplus equal to $18 million. 
B) make zero economic profit. 
C) incur an economic loss of $7 million. 
D) none of the above.

Quizplus · Accepted Answer

The Answer of 
-The figure above shows the costs and demand curves for the Bigshow Cable Company. If the regulator of Bigshow Cable Company set its price at $4, the company would
A) receive a producer surplus equal to $18 million. 
B) make zero economic profit. 
C) incur an economic loss of $7 million. 
D) none of the above.

-The Figure Above Shows the Costs and Demand Curves for the Bigshow