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Tidy Tidy
wrote...
Posts: 4852
9 years ago
Why does a monopoly cause a deadweight loss?
A) because it does not produce some output for which marginal benefit exceeds marginal cost
B) because it appropriates a portion of consumer surplus for itself
C) because it increases producer surplus at the expense of consumer surplus
D) because it does not produce some output for which demand exceeds supply
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 200 times
1 Reply
Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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VincenzoDVincenzoD
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Posts: 1913
9 years ago
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Tidy Author
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9 years ago
Just got PERFECT on my quiz
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I appreciate what you did here, answered it right Smiling Face with Open Mouth
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This helped my grade so much Perfect
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