Question: Use the graph below. Downward sloping AR curve above downward sloping MR curve. Typically shaped MC and AC curves. MC intersects MR at point G

Use the graph below. Downward sloping AR curve above downward sloping MR curve. Typically shaped MC and AC curves. MC intersects MR at point G and at Quantity Q2. Point N is on the MC curve and is associated with the points P2 and Q2. Point M is on the AR curve and is associated with the points P1 and Q2. MC intersects MC at point H associated with quantity Q1. What does the area formed by points G, M, and the intersection of MC and AR represent? Group of answer choices The firm's total revenue at the profit-maximizing quantity The firm's profit at the profit-maximizing quantity The firm's total cost at the profit-maximizing quantity The deadweight loss in the market because of the monopoly The firm's missed revenue if it charges less than the profit-maximizing price

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