Referring to Triangle ABC, Find the Area of the Triangle

question 2

Multiple Choice

Referring to triangle ABC, find the area of the triangle. ? Round to three significant digits.

• A)12.7 m 2
• B)12.4 m 2
• C)12.8 m 2
• D)12.6 m 2
• E)13.1 m 2

---

Definitions:

Profit-maximizing Monopolist

A monopolistic firm that adjusts the production and pricing of its products to achieve the highest possible profit, given its unique position without competition.

Economic Profit

The financial gain made in a transaction after subtracting both the explicit and implicit costs.

Profit-maximizing Output

The level of production at which a firm achieves the highest possible profit, determined by equating marginal revenue and marginal cost.

Pure Monopolist

A sole provider of a unique product or service without close substitutes, giving the firm significant control over prices.