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Which of the Following Occurs with Both Perfectly Price-Discriminating and Single-Price

Question 20

Multiple Choice

Which of the following occurs with both perfectly price-discriminating and single-price monopolies?


A) The amount of output is inefficient.
B) All consumer surplus goes to the monopoly.
C) Deadweight loss is created.
D) Consumer surplus is smaller than in a perfectly competitive industry.
E) Demand is perfectly elastic.

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