Answer the following questions based on the accompanying graph. 
a. What is the profit-maximizing price and quantity?
b. At the profit-maximizing price and quantity, what are the total profits or losses made by this firm?
c. At the profit-maximizing price and quantity, what is the approximate deadweight loss incurred by society?
Definitions:
Digest
A summary or compilation of information or legal decisions.
A.L.R.
Abbreviation for American Law Reports, a resource of legal articles on specific legal issues.
West
A key provider of legal research and solutions including online research, law books, and software products, often utilized by legal professionals.
Regional Digests
Collections of judicial decisions from specific geographical areas, summarizing and indexing court rulings to aid research.
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