In the above figure, suppose the monopolist is producing at Q3. The firm should

The ability of the federal government to regulate the distribution of income among families and individuals is

A) enormous, as shown by the redistribution that has occurred from the rich to the poor since World War II. B) largely limited to what can be accomplished through revisions in the rules of the game. C) unlimited because government is sovereign. D) virtually unlimited because few people would be willing to emigrate merely in order to escape taxation.

The figure above shows the demand for and costs of producing Charlene's Chocolates. If Charlene's Chocolates is a monopoly that charges one price to all customers, then consumer surplus is ________ and it creates a deadweight loss of ________

A) $800; $400 B) $200; $100 C) $400; $200 D) $0; $200