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Use the Following Figure to Answer the Question : Figure

Question 80

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Use the following figure to answer the question : Figure 11-6 : shows the profit-maximizing output of a monopolist who faces constant average and marginal costs. Use the following figure to answer the question : Figure 11-6 : shows the profit-maximizing output of a monopolist who faces constant average and marginal costs.   -Refer to Figure 11-6.When the firm operates as a profit-maximizing monopolist as compared to a perfectly competitive firm,consumer surplus changes by _____. A) -ABC B) AFBG C) -P''ACP D) P''ABP
-Refer to Figure 11-6.When the firm operates as a profit-maximizing monopolist as compared to a perfectly competitive firm,consumer surplus changes by _____.


A) -ABC
B) AFBG
C) -P''ACP
D) P''ABP

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