Question 12 (Figure: Profit-Maximization Decision of a Monopolist I) Price and Costs MC ATC $15 11 10 6 D MR 11 13 16 Quantity (thousands) In the figure, total revenue for this monopoly firm is: A $165,000. B $0. C $66,000. D $121,000.AC AC MC MR D Figure 8.2 Profits for the monopolistically competitive firm show: A are impossible to predict in the long run. B will decrease in the long run. will not change in the long run. will increase in the long run.(Figure: Profit Maximization in Monopolistic Competition A) Price and MC Costs ATC 24 18 15 11H MR D 6 9 10 Quantity In the figure, the profit-maximizing price is and the quantity is: A $11: 6. B $24: 6. $15; 9. $18; 10.{Flgu re: Prot Maximization in MonopoliStic Competition D] Price and Mt: I] am 1513 m In the gure, this mo no polistic competitive rm i5 experiencing an economic per unit sold. prot of 5:1