The Figure Above Shows the Demand and Cost Curves Facing

Multiple Choice

The figure above shows the demand and cost curves facing a price-setting firm.In profit-maximizing (or loss-minimizing) equilibrium,the price-setting firm earns $______ in total revenue,which is ___________ the maximum possible total revenue of $________.

A) $7,500; equal to; $7,500
B) $8,000; more than; $7,500
C) $7,650; less than; $8,000
D) $8,000; equal to; $8,000
E) $7,500; less than; $8,000