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Home Q & A Board Other Fields Homework Help Business Economics
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Loraine Loraine
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9 years ago
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.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 162 times
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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SmooothSmoooth
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9 years ago
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8 years ago
No problemo Happy Dummy
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