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Figure 16-2 Watanabe Sensei Operates the Only Martial Arts

Question 83

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Figure 16-2 Figure 16-2   Watanabe Sensei operates the only martial arts school in Hartfield.For simplicity,assume that consumers have identical demand curves and that Sensei knows what this demand curve is.Figure 16-2 shows this demand curve. -Refer to Figure 16-2.If Sensei acts as a monopolist and charges the profit-maximizing price,what is his producer surplus? A) the area B + D + G B) the area A + B + C + D + H + G C) the area C + D + H + G D) the area A + C + H Watanabe Sensei operates the only martial arts school in Hartfield.For simplicity,assume that consumers have identical demand curves and that Sensei knows what this demand curve is.Figure 16-2 shows this demand curve.
-Refer to Figure 16-2.If Sensei acts as a monopolist and charges the profit-maximizing price,what is his producer surplus?


A) the area B + D + G
B) the area A + B + C + D + H + G
C) the area C + D + H + G
D) the area A + C + H

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