) in Exhibit 10­10, What Is the Maximum Profit

question 2

Multiple Choice

) In Exhibit 10­10, what is the maximum profit this monopolistic competitorcan earn in the long run?

• A)$40
• B)$4
• C)$48
• D)$8
• E)$0

---

Definitions:

Icy Water

Water that is extremely cold, often near freezing point, and can cause physical shock or hypothermia upon contact with the body.

National Security

A state or condition where a nation's sovereignty, territorial integrity, and citizenry are protected and maintained against external threats.

International Obligations

Duties and responsibilities that a country or an organization owes to the international community, often under international law or treaties.

Extrajudicial Execution

The killing of a person by governmental authorities without the process of a legal trial, often associated with human rights abuses.