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  3. Study Set
    Microeconomics Australia
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    Exam 15: Monopoly
  5. Question
    One Way a Monopoly Can Convert Additional Consumer Surplus into Economic
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One Way a Monopoly Can Convert Additional Consumer Surplus into Economic

Question 138

Question 138

Multiple Choice

One way a monopoly can convert additional consumer surplus into economic profit is to


A) become more competitive.
B) produce where price equals average total cost.
C) raise prices.
D) lower prices.
E) price discriminate.

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