Which of the following formulas correctly measures the profit of a monopoly?
A.	&#960; = TR - TC
B.	&#960; = (P - ATC)Q
C.	&#960; = (P - AVC)Q
D.	&#960; = TR - TC and &#960; = (P-ATC)Q
Answer:D
Which of the following formulas correctly measures the profit of a monopoly?
A.	&#960; = TR - TC B.	&#960; = (P - ATC)Q C.	&#960; = (P - AVC)Q D.	&#960; = TR - TC and &#960; = (P-ATC)Q