In Figure 11.4, which of the following statements is correct? Figure 11.4 Graph-There are three curves on the graph, demand curve D(MU), below it is MR, and supply curve S(MC); the point of intersection of supply curve S(MC) and D(MU) is denoted as D and has coordinates B on the vertical axis and Q2 on the horizontal axis; supply curve S(MC) also intersects MR below the demand curve at quantity Q1; vertically above Q1 passing the intersection S(MC) and MR is a point on the demand curve denoted as C and the coordinate of that point on the vertical axis is A; point E is directly above the intersection of MR and S(MC) at quantity Q1 at the height of points D and B and E is between those two points; point F marks the intersection of the vertical axis of D(MU) and MR In Figure 11.4, which of the following statements is correct? Area FBD represents consumer surplus under monopolies. Area FAC represents consumer surplus under competitive conditions. Area CED represents welfare loss due to monopolies. Area ABEC represents deadweight loss due to monopolies