Refer to the Monopolist's Equilibrium Graph. If the monopolist charges a single price and is maximizing profits, what will its total revenue be? Monopolist's Equilibrium Graph MC X D E Price A D=AR O MR Quantity Long Description O a. OAFQ1 b. OCDQ1 O c. OBEQ2 O d. OXEQ2Refer to the Total Cost and Maximizing Profits Graph. If the firm is maximizing profits, what will its total cost be? Total Cost and Maximizing Profits Graph MC X D Price DX INO E ATC G AVC D=AR F Q1 Q2 MR Quantity Long Description O a. AHGF O b. OBEQ2 O c. OHGQ1 O d. KBEJRefer to the Economic Profits Graph. What area represents the economic profit for an unregulated monopolist? Economic Profits Graph MC X D ATC Price G AVC D=AR O MR T Quantity Long Description O a. HCDG O b. ACDF C. BCDE O d. BXEWhy does a monopoly lead to an inefficient allocation of resources? O a. because MR > MC - O b. because P > Mc O c. because P