Figure 7.6 -Using Figure 7.6, How Much Profit Would This Monopolistic Competitor

Multiple Choice

Figure 7.6
-Using Figure 7.6, how much profit would this monopolistic competitor earn if she were regulated by the government to produce 60 units and to charge a price corresponding to that quantity on the demand curve?

A) $0.
B) Less than $1000.
C) Between $1000 and $2000.
D) Over $2000.