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Use the Figure Below,which Shows the Linear Demand and Constant

Question 44

Multiple Choice

Use the figure below,which shows the linear demand and constant cost conditions facing a firm with a high barrier to entry,to answer the question. Use the figure below,which shows the linear demand and constant cost conditions facing a firm with a high barrier to entry,to answer the question. $_________ the deadweight loss is caused by the market power created by the high entry barrier A) $625,000 B) $1,000,000 C) $1,500,000 D) $2,000,000 $_________ the deadweight loss is caused by the market power created by the high entry barrier


A) $625,000
B) $1,000,000
C) $1,500,000
D) $2,000,000

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