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Figure 15-12 Figure 15-12 Shows the Cost and Demand Curves for a and Demand

Question 270

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Figure 15-12
Figure 15-12 Figure 15-12 shows the cost and demand curves for a monopolist. -Refer to Figure 15-12.What is the amount of consumer surplus if, instead of monopoly, the industry was organized as a perfectly competitive industry? A) $21 B) $124 C) $186 D) $332
Figure 15-12 shows the cost and demand curves for a monopolist.
-Refer to Figure 15-12.What is the amount of consumer surplus if, instead of monopoly, the industry was organized as a perfectly competitive industry?


A) $21
B) $124
C) $186
D) $332

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