The figure given below shows the cost and revenue curves of a monopolist. Figure 10.9 
D: Average revenue
MR: Marginal revenue
ATC: Average total cost
MC: Marginal cost
Refer to Figure 10.9.Suppose that the market is perfectly competitive.The consumer surplus would be represented by the area _____.
Definitions:
Carolingian-Ottonian Taste
Refers to the artistic and architectural style prevalent in the Carolingian and Ottonian empires, characterized by renewal of Roman art forms and Christian themes.
Costly Portable Objects
Items of significant value that are designed to be easily carried or moved, often signifying wealth or status.
Gero Crucifix
An influential and large Carolingian era sculpture of Jesus on the cross, significant in Western Christian art, believed to have been created around 970.
Insular Manuscript Tradition
The style of manuscript illumination and script developed in the British Isles during the Early Middle Ages, characterized by intricate ornamentation, interlacing patterns, and a blend of Christian and pagan themes.
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