Refer to the Information Provided in Figure 13

Multiple Choice

Refer to the information provided in Figure 13.11 below to answer the question(s) that follow. Figure 13.11
-Refer to Figure 13.11. Suppose a monopolist faces the demand and costs in the figure and is able to perfectly price discriminate. What is the societal loss from having a monopoly instead of a perfectly competitive industry supplying widgets?

A) $0
B) $4,000
C) $16,000
D) Indeterminate from the given information.