Refer to the Information Provided in Figure 13

Multiple Choice

Refer to the information provided in Figure 13.9 below to answer the question(s) that follow. Figure 13.9
-Refer to Figure 13.9. If Ohio Edison engages in rent-seeking behavior to maintain their monopoly, the true ________ is BEC and the portion of area FGBE that pays for the rent-seeking behavior.

A) consumer surplus
B) net social cost of monopoly
C) producer surplus
D) net social gain from monopoly