Use the Following Figure to Answer the Question : Figure

Multiple Choice

Use the following figure to answer the question : Figure 12-1 : shows the downward sloping demand and marginal revenue [MR] curves of a monopolist. The MR curve intersects the marginal cost [MC] curve at point B. MC is constant at the P₁.

-Refer to Figure 12-1. If the monopolist cannot price discriminate, profit will be equal to:

A) the area P₃AP₂.
B) the area P₂AQ₁O.
C) the area P₂ABP₁.
D) zero.