Please help with the following question. The image depicts a graph used in economics to illustrate the profit-maximization behavior of a monopolist. The graph has price (P) on the vertical axis, measured in dollars, and quantity (Q) on the horizontal axis, measured in units.### Graph Explanation:- **Demand Curve (D):** This is a downward sloping line, showing the relationship between price and quantity demanded. As price decreases, the quantity demanded increases.- **Marginal Cost Curve (MC):** An upward sloping line, indicating how the cost of producing one more unit changes with quantity.- **Marginal Revenue Curve (MR):** Downward sloping and positioned below the demand curve. This shows the additional revenue from selling one more unit.### Key Points:- The MR curve intersects the MC curve at a quantity of 180 units. This intersection is where profit is maximized because it is the point where marginal revenue equals marginal cost.- A dashed vertical line from the intersection point reaches up to the demand curve, indicating the price monopolists charge, which is $210.### Question:"If the monopolist maximizes profit, then the quantity of output would be _____ and the price of output would be _____."### Options:- ○ 180 units; $150- ○ 180 units; $210- ○ 300; $150- ○ none of the above### Answer:Based on the graph, the correct answer is “180 units; $210,” where the monopolist produces at the quantity where MR equals MC and charges the price on the demand curve at that quantity.

Answer: Correct option: 180 units; $210 (option 2) Explanation: A monopoly maximizes its profit where marginal revenue is equal to the marginal cost. And the price corresponding to the equilibrium point on the demand curve is the equilibrium price. Graphical presentation: According to the above figure, the equilibrium is at point E where marginal revenue intersects marginal cost. The price is P (on-demand curve). The quantity is 180 units.Answer: option 2