Refer to the Graph Shown

question 150

Multiple Choice

Refer to the graph shown. If the price of the product is $1 and the firm is a natural monopoly:

• A) there will be a surplus of the product.
• B) the firm will earn economic profit by satisfying the market quantity demanded at that price.
• C) the firm can earn profit by producing more than Q_c.
• D) the firm will incur losses by producing the quantity demanded at that price.

---

Definitions:

Dimer

A molecular complex formed by two, usually identical, molecules joined together.

Neurons

Specialized cells of the nervous system that transmit signals throughout the body, enabling functions like movement, thought, and sensation.

Electrically

Pertaining to electricity; involving, produced by, or related to electric charges or currents.

Chemically

Pertaining to or involving the use of chemistry or chemicals in processes, reactions, or properties.