Georgy's Wells has a monopoly over the supply of water to the small town of Alphaville. Inverse demand for water in Alphaville is given by the equation, 𝑃 = 48 − 𝑄 2000 . The cost of supplying water is, 𝑇 𝐶 = 𝑄 2 2000 . The demand, marginal revenue and marginal cost curves for Georgy's Wells are illustrated in the figure above (not drawn to scale). Use the information provided to answer the following questions: Which of the following functions describes the monopolist's profit? [ Select ] a. b. c. d. Π = 48 𝑄 − 𝑄 2 1000 Π = 48 𝑄 − 𝑄 1000 Π = 48 𝑄 − 𝑄 2 2000 Π = 48 − 𝑄 1000 The monopoly quantity is [ Select ] 36,000 litres 24,000 litres 18,000 litres 16,000 litres 12,000 litres . The monopoly price is [ Select ] $48 per litre $36 per litre $30 per litre $24 per litre $12 per litre $0 per litre . The monopolist's producer surplus is illustrated in the figure above as the area(s) [ Select ] A A and B A and C C C and D C, D and E C, D and F C, D, E and F E F .多重下拉选择题

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