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Other Fields Homework Help Economics Topic started by: Loraine on Jun 21, 2015



Title: When a perfectly competitive industry is taken over by a monopoly, some consumer surplus is transfer
Post by: Loraine on Jun 21, 2015
When a perfectly competitive industry is taken over by a monopoly, some consumer surplus is transferred to the monopolist in the form of
A) marginal cost.
B) economic profit.
C) deadweight loss.
D) taxes.
E) average variable cost.


Title: Re: When a perfectly competitive industry is taken over by a monopoly, some consumer surplus is tran
Post by: Smoooth on Jul 27, 2015
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Title: Re: When a perfectly competitive industry is taken over by a monopoly, some consumer surplus is transfer
Post by: Smoooth on Aug 31, 2015
No problemo :-]