Figure 15-8 2.. ******** X MR MC Quantity 9. Refer to Figure 15-8. What is the socially efficient price and quantity? a. price A; quantity = X b. C. price = B; quantity = Y price = B; quantity = X price = C; quantity = X d. 10. Refer to Figure 15-8. What is the monopoly price and quantity? a. b. C. d. price =A; quantity = X price = B; quantity = Y price = B; quantity = X price = C; quantity = X 11. Refer to Figure 15-8. What is the area of deadweight loss? the rectangle (A-C)*X a. b. the triangle 1/2[(A-C)*(Y-X)] C. d. (Y-X)] the triangle 1/2[(A-B)*(Y-X)] the rectangle (A-C)*X plus the triangle 1/2[(A-C)* Figure 15-8 2.. ******** X MR MC Quantity 9. Refer to Figure 15-8. What is the socially efficient price and quantity? a. price A; quantity = X b. C. price = B; quantity = Y price = B; quantity = X price = C; quantity = X d. 10. Refer to Figure 15-8. What is the monopoly price and quantity? a. b. C. d. price =A; quantity = X price = B; quantity = Y price = B; quantity = X price = C; quantity = X 11. Refer to Figure 15-8. What is the area of deadweight loss? the rectangle (A-C)*X a. b. the triangle 1/2[(A-C)*(Y-X)] C. d. (Y-X)] the triangle 1/2[(A-B)*(Y-X)] the rectangle (A-C)*X plus the triangle 1/2[(A-C)*