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Figure 11-21 In Figure 11-21, the Increase in Consumer Surplus That Occurs

Question 20

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Figure 11-21 Figure 11-21   In Figure 11-21, the increase in consumer surplus that occurs when price is set equal to marginal cost rather than at the profit-maximizing level, as it would be in an unregulated monopoly, is shown by area A)  abc B)  adf C)  cef D)  dfeg E)  bcfd
In Figure 11-21, the increase in consumer surplus that occurs when price is set equal to marginal cost rather than at the profit-maximizing level, as it would be in an unregulated monopoly, is shown by area


A) abc
B) adf
C) cef
D) dfeg
E) bcfd

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