Use the following graph to answer the next question.If the industry were served by a pure monopoly, the deadweight loss would be the area ________.

The figure above shows the market for annual influenza immunizations the United States. Area A + Area B is the

A) deadweight loss when there is not the illustrated subsidy. B) loss in efficiency from the illustrated subsidy. C) gain in efficiency from the illustrated subsidy. D) remaining deadweight loss when there is the illustrated subsidy. E) equilibrium with the illustrated subsidy.

Economic profits are maximized at the point at which

A) marginal revenues equal marginal costs. B) accounting profit exceeds economic profit. C) total revenues are greater than total costs. D) accounting profits are equal to zero.