Consider panel (b) of Figure 27-2. The quantity Q1 is 2,000 units, the price P1 is $2

Question:

Consider panel (b) of Figure 27-2. The quantity Q1 is 2,000 units, the price P1 is $2 per unit, the average cost AC1 is $4 per unit, and the vertical distance to point C is $6 per unit. What is the dollar amount of the losses earned by this natural monopolist when its price is equal to its marginal cost of producing Q1 units?