Refer to the information provided in Figure 13.11 below to answer the question(s) that follow. 
Figure 13.11
-Refer to Figure 13.11. Suppose a monopolist faces the demand and costs in the figure and is able to perfectly price discriminate. What is the societal loss from having a monopoly instead of a perfectly competitive industry supplying widgets?
Definitions:
Exploitation
The unfair treatment or use of someone or something for one's own advantage or profit, often without proper compensation.
Workers
Individuals engaged in a job or activity for wages or salary, often referred to as employees in various sectors of the economy.
Social Mobility
A person’s movement over time from one class to another.
Debunking
The process of exposing false claims or myths, often revealing the truth through critical examination.
Q6: Refer to Table 11.3. If the interest
Q10: For a monopoly to be a natural
Q66: You value your economics textbook at $40.
Q103: Refer to Figure 11.1. If the market
Q104: When resources are misallocated, or allocated inefficiently,<br>A)
Q105: Refer to Table 13.3. If a monopoly
Q161: Households receive bonds when they<br>A) purchase a
Q183: A firm that retains earnings does the
Q208: Firms are more likely to avoid a
Q243: If a monopolist earns positive economic profits