Use the figure above to answer this question. If a monopoly maximized profit,
◦ 800 units will be produced and a deadweight loss equal to area
ABC will occur.
◦ 1,000 units will be produced and a deadweight loss equal to area
ABC will occur.
◦ 1,000 units will be produced and there is no deadweight loss.
◦ 800 units will be produced and a deadweight loss equal to area
EFB will occur.
◦ 1,000 units will be produced and a deadweight loss equal to area
FBGA occurs.