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Consider the following diagram and answer Question 1.10. The monopolist shown above is: making a profit of AB X 0C . making zero economic profit.

Consider the following diagram and answer Question 1.10.

  1. The monopolist shown above is:

  1. making a profit of AB X 0C.
  2. making zero economic profit.
  3. making a loss of EF X 0D.
  4. making a loss of 0B X 0C.
  5. making a loss of AB X 0C.

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