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Question 338

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Use the following to answer question:
Figure: The Monopolist II Use the following to answer question: Figure: The Monopolist II -(Figure: The Monopolist II) Look at the figure The Monopolist II. The deadweight loss associated with this monopoly can be measured as the area: A) 0.5(P<sub>1</sub> - P<sub>2</sub>) (Q<sub>2</sub> - Q<sub>1</sub>) . B) 0.5 (P<sub>2</sub> - P<sub>4</sub>) (Q<sub>4</sub> - Q<sub>2</sub>) . C) 0.5 (P<sub>1</sub> - P<sub>3</sub>) Q<sub>3</sub>. D) 0.5 (P<sub>1</sub> - P<sub>3</sub>) Q<sub>2</sub>.
-(Figure: The Monopolist II) Look at the figure The Monopolist II. The deadweight loss associated with this monopoly can be measured as the area:


A) 0.5(P1 - P2) (Q2 - Q1) .
B) 0.5 (P2 - P4) (Q4 - Q2) .
C) 0.5 (P1 - P3) Q3.
D) 0.5 (P1 - P3) Q2.

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