-Refer to the Above Graph to Answer This Question

question 116

Multiple Choice

-Refer to the above graph to answer this question.Suppose that the graph represents a monopolist.At the profit maximizing price and output,what will be the level of total profit?

• A)$0.
• B)6.
• C)$180.
• D)$240.
• E)Cannot be determined.

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Definitions:

Brown-black Pigment

Melanin, the natural substance in the body that gives color to the skin, hair, and eyes, and offers protection against UV radiation.

Subcutaneous

Concerning anything that is situated below the skin layer.

Dermis

The thick layer of tissue below the epidermis in mammalian skin, containing blood capillaries, nerve endings, sweat glands, and hair follicles.

Dilate

To enlarge, expand in size; to increase the size of an opening.