Question $25$

Figure $15-9$

What is the deadweight loss due to the monopolist's price$/$quantity combination?

$$1,000$

$$500$

$$4,000$

$$2,000$

esC

F$1$

F$2$

F$3$

F$4$

F$5$

F$6$

$$0$

None of the above.

Question $11$

Use the graph below to answer the following question:

If the market price is less than P$2,$ in the short run, the perfectly competitive firm will earn

positive economic profit.

negative economic profit but continue producing output.

negative economic profit and shut down.

zero economic profit.

Question $12$

$$0$

None of the above.

Question $11$

Use the graph below to answer the following question:

If the market price is less than P$2,$ in the short run, the perfectly competitive firm will earn

positive economic profit.

negative economic profit but continue producing output.

negative economic profit and shut down.

zero economic profit.

Question $12$