The Diagram Below Shows Cost and Revenue Curves for a Natural

Multiple Choice

The diagram below shows cost and revenue curves for a natural monopoly producing electricity.Price is dollars per kilowatt hour and quantity is kilowatt hours per day. FIGURE 12-7
-Refer to Figure 12-7.If this firm were unregulated and profit maximizing,its profit would be ________ per day.

A) $0
B) $10 000
C) $60 000
D) $110 000
E) $120 000