A monopolist with constant ATC of $7 makes a profit of $2,100 and leaves consumer surplus of $900. The monopolist charges $14 for its product. In

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A monopolist with constant ATC of $7 makes a profit of $2,100 and leaves consumer surplus of $900. The monopolist charges$14 for its product. In addition, the lowest price at which there is no quantity demanded is $20. If the industry werecompetitive, output would be 500 units. Based on this informaiton, what is the welfare loss due to the monopolist operating in this market? 0 A. $7000 B. $1,4000 c. $4500 D. $1,0500 E. $2,100