How much of a profit or loss is this monopolist realizing

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Reference no: EM131430685

Consider the following graph for a monopolist.

At its profit-maximizing price and quantity, how much of a profit or loss is this monopolist realizing?

At its profit-maximizing level of output, is this monopolist productively efficient? Explain.

At its profit-maximizing level of output, is this monopolist allocatively efficient? Explain.

Reference no: EM131430685

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