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-The Figure Above Shows the Demand Curve, Marginal Revenue Curve

Question 31

Multiple Choice

  -The figure above shows the demand curve, marginal revenue curve, and marginal cost curve. The amount of consumer surplus when the market has a monopoly producer is ________ and the amount of consumer surplus when the market is perfectly competitive is ________. A)  ace; abf B)  bcd; ace C)  abf; ace D)  ace; bcd E)  abf; bcd
-The figure above shows the demand curve, marginal revenue curve, and marginal cost curve. The amount of consumer surplus when the market has a monopoly producer is ________ and the amount of consumer surplus when the market is perfectly competitive is ________.


A) ace; abf
B) bcd; ace
C) abf; ace
D) ace; bcd
E) abf; bcd

Correct Answer:

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