Use the following to answer question:
Figure: The Monopolist II 
-(Figure: The Monopolist II) Look at the figure The Monopolist II. The deadweight loss associated with this monopoly can be measured as the area:
Definitions:
Market Rate
The prevailing interest rate available in the marketplace on deposits, debts, or loans.
Nominal Rate
The Nominal Rate is the interest rate stated on a loan or financial product, not taking into account inflation or other factors that could affect the real value of the interest.
Premium
An amount paid in excess of a standard price or value, often related to insurance policies, bonds above par, or quality products.
Annual Amortization
The process of spreading out a loan or intangible asset cost over a specific period of time for accounting and tax purposes.
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