Figure 8.4.1 -Refer to Figure 8.4.1 Above. the Shaded Area in the in the Graph

Multiple Choice

Figure 8.4.1
-Refer to Figure 8.4.1 above. The shaded area in the graph shows:

A) the increase in profit when output is reduced from 8 to 7 units of output.
B) the profit that could be made if output increases from 7 to 8 units of output.
C) the deadweight loss associated with the power of the price taking firm.
D) the amount of profit when 8 units of output are produced.