-In the market depicted in the above figure, if a single-price monopoly maximizes its profit, which area shows the deadweight loss?
A) area FHIL
B) area GHJM
C) area IJH
D) area LJK

Question

-In the market depicted in the above figure, if a single-price monopoly maximizes its profit, which area shows the deadweight loss?
A) area FHIL 
B) area GHJM 
C) area IJH 
D) area LJK

Quizplus · Accepted Answer

The Answer of 
-In the market depicted in the above figure, if a single-price monopoly maximizes its profit, which area shows the deadweight loss?
A) area FHIL 
B) area GHJM 
C) area IJH 
D) area LJK

-In the Market Depicted in the Above Figure, If a Single-Price