Refer to the graph shown. If hamburgers are produced by a pure monopoly firm that maximizes profit, the social cost of monopoly will be represented by the area: 
Definitions:
ANOVA Procedure
A statistical method used to test differences between two or more means by analyzing variance.
Population
A term referring to the complete set of individuals, events, or objects of interest in a particular study.
Null Hypothesis
A default hypothesis that there is no effect or no difference, and any observed difference is due to sampling error.
Population Means
The average values derived from the entire set of individuals or items in a defined group.
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