Use the following to answer question:
Figure: Marginal Private Benefits and Marginal Social Benefits 
-(Figure: Marginal Private Benefits and Marginal Social Benefits) Use Figure: Marginal Private Benefits and Marginal Social Benefits.If government does intervene and encourages the market to produce and price at the socially optimal level,what will be the output and price?
Definitions:
Total Revenue
The overall amount of money generated by a firm from selling its goods or services.
Variable Costs
Expenses that change in proportion to the activity of a business.
Profit-maximizing
A strategic objective of businesses where they aim to achieve the highest possible profit from their operations.
Pure Monopolist
A single seller in a market who has complete control over the supply of a product or service, with no close substitutes available, leading to significant market power.
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