The Following Figure Shows the Marginal Cost [MC],marginal Revenue [FH]

Multiple Choice

The following figure shows the marginal cost [MC],marginal revenue [FH] and demand [FG] curves for a monopolist who faces constant costs.
Figure 15-1
-Refer to Figure 15-1.Given that P₁= $100,P₂ = $50,Q₂= 2,000 units,and Q₁=1,000 units,what is the deadweight loss of a monopoly?

A) $10,000
B) $2,000
C) $50,000
D) $25,000