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    Exam 12: Economic Efficiency and Public Policy
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    FIGURE 12-3 -Refer to Figure 12-3.Comparing the Perfectly Competitive Equilibrium to the to the Monopoly
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FIGURE 12-3 -Refer to Figure 12-3.Comparing the Perfectly Competitive Equilibrium to the to the Monopoly

Question 63

Question 63

Multiple Choice

  FIGURE 12-3 -Refer to Figure 12-3.Comparing the perfectly competitive equilibrium to the monopoly equilibrium,the deadweight loss of monopoly is given by A) q<sub>1</sub>BEq<sub>2</sub>. B) AP<sub>4</sub>E. C) q<sub>1</sub>CEq<sub>2</sub>. D) ACE. E) P<sub>2</sub>P<sub>4</sub>E. FIGURE 12-3
-Refer to Figure 12-3.Comparing the perfectly competitive equilibrium to the monopoly equilibrium,the deadweight loss of monopoly is given by


A) q1BEq2.
B) AP4E.
C) q1CEq2.
D) ACE.
E) P2P4E.

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