Use the figure below to answer the following questions. 
Figure 12.4.6
-Prime Pharmaceuticals has developed a new asthma inhaler,for which it has a patent.An inhaler can be produced at a constant marginal cost of $2 per inhaler.The demand curve,marginal revenue curve,and marginal cost curve for this new asthma inhaler are shown in Figure 12.4.6.The patent gives Prime Pharmaceuticals a monopoly for its new inhaler.If Prime Pharmaceuticals can perfectly price discriminate,producer surplus is
Definitions:
December 31
The last day of the year, commonly used as a cutoff date for accounting and financial reporting purposes.
Reported
Refers to the provision of formal statements or accounts of financial activities or conditions.
Net Income
Net income refers to the total profit of a company after all expenses, taxes, and deductions have been subtracted from total revenue.
Accounts
Financial records that track the transactions and balances of specific assets, liabilities, revenues, or expenses.
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