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(Figure: Monopolies Versus Competitive Industries) If the Monopoly Depicted in the Graph

Question 55

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(Figure: Monopolies Versus Competitive Industries) If the monopoly depicted in the graph were to become a perfectly competitive industry
(Figure: Monopolies Versus Competitive Industries)  If the monopoly depicted in the graph were to become a perfectly competitive industry   A)  e would change from producer surplus to consumer surplus. B)  e would change from consumer surplus to producer surplus. C)  f would change from consumer surplus to producer surplus. D)  h would change from producer surplus to consumer surplus.


A) e would change from producer surplus to consumer surplus.
B) e would change from consumer surplus to producer surplus.
C) f would change from consumer surplus to producer surplus.
D) h would change from producer surplus to consumer surplus.

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