The Following Graph Gives Cost and Revenue Data for a Monopolist

question 155

Multiple Choice

The following graph gives cost and revenue data for a monopolist:

-Refer to the above graph to answer this question.If the monopolist is unregulated and is maximizing its total revenue,what will be the resulting total profit or loss?

• A)$0.
• B)Loss of $600.
• C)Loss of $2,400.
• D)Profit of $640.
• E)Profit of $2,400.

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Definitions:

Derealization

An alteration in perception leading to the feeling that the external world is strange, unreal, or distant.

Posttraumatic Stress Disorder

A psychiatric disorder that can occur in people who have experienced or witnessed a traumatic event, characterized by severe anxiety, flashbacks, and uncontrollable thoughts about the event.

Increased Arousal

A condition of heightened physiological and psychological activity or alertness, often as a response to stress or threat.

Avoidance

A defense mechanism or behavior aimed at evading a thought, task, or situation perceived as harmful or uncomfortable.