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Tidy Tidy
wrote...
Posts: 4852
9 years ago
Compared to perfect competition, the consumer surplus in a monopoly
A) is unchanged because price and output are the same.
B) is lower because price is higher and output is lower.
C) is higher because price is higher and output is the same.
D) is eliminated.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 155 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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Answer verified by a subject expert
VincenzoDVincenzoD
wrote...
Top Poster
Posts: 1913
9 years ago
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Tidy Author
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9 years ago
this is exactly what I needed
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Yesterday
Thanks
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2 hours ago
Thank you, thank you, thank you!
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