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Title: Assume someone organizes all farms in the nation into a monopoly. As a result, consumer surplus will Post by: Loraine on Jun 21, 2015 Assume someone organizes all farms in the nation into a monopoly. As a result, consumer surplus will
A) not change. B) increase. C) decrease. D) either increase, decrease, or not change depending if the monopoly's marginal revenue curve lies below, above, or is the same as its demand curve. E) None of the above answers is correct because the effect on consumer surplus depends on whether the monopoly is a single-price or a price-discriminating monopoly. Title: Re: Assume someone organizes all farms in the nation into a monopoly. As a result, consumer surplus Post by: Smoooth on Jul 27, 2015 Content hidden
Title: Re: Assume someone organizes all farms in the nation into a monopoly. As a result, consumer surplus will Post by: Smoooth on Aug 31, 2015 Don't mention it :-]
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