To answer questions 7 through 10, please view the video below. 7. To find the profit maximizing output on a graph for a

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To answer questions 7 through 10, please view the videobelow.
7. To find the profit maximizing output on a graph for amonopoly, the first step is to:
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Group of answer choices
Find where the demand curve intersects the X axis.
Find where the marginal revenue and the marginal cost curvesintersect.
Find where the marginal cost and the demand curvesintersect.
Find where the marginal revenue and the demand curveintersect.
Flag question: Question 8
Question 82 pts
8, From the video above, how do you find the profitmaximizing output and price once you have located the profitmaximizing point?
Group of answer choices
Go over horizontally from the profit maximizing point to thedemand curve and down to the x axis.
Go up from the profit maximizing point to the X axis and down tothe demand curve.
Go down from the profit maximizing point to the x axis for thequantity and up to the demand curve and over to the y axis for theprice.
None of the above.
Flag question: Question 9
Question 92 pts
9. To determine the amount of total profit from the graphfor the monopolist:
Group of answer choices
None of the above.
Multiply the vertical distance above the ATC curve to the pricepoint on the demand curve times the horizontal distance from theprofit maximizing point to the demand curve.
Multiply the vertical distance above the ATC curve to the pricepoint on the demand curve times the profit maximizing output.
Multiply the horizontal distance to the ATC curve times theprofit maximizing output.
Flag question: Question 10
Question 102 pts
10. The video called the profit earned by amonopolist:
Group of answer choices
Normal profit.
Accounting profit.
Unjustified profit.
Economic or "super normal" profit.