-The figure above shows the demand curve, marginal revenue curve, and marginal cost curve. The amount of consumer surplus when the market has a monopoly producer is ________ and the amount of consumer surplus when the market is perfectly competitive is ________.
A) ace; abf
B) bcd; ace
C) abf; ace
D) ace; bcd
E) abf; bcd

Question

-The figure above shows the demand curve, marginal revenue curve, and marginal cost curve. The amount of consumer surplus when the market has a monopoly producer is ________ and the amount of consumer surplus when the market is perfectly competitive is ________.
A) ace; abf 
B) bcd; ace 
C) abf; ace 
D) ace; bcd 
E) abf; bcd

Quizplus · Accepted Answer

The Answer of 
-The figure above shows the demand curve, marginal revenue curve, and marginal cost curve. The amount of consumer surplus when the market has a monopoly producer is ________ and the amount of consumer surplus when the market is perfectly competitive is ________.
A) ace; abf 
B) bcd; ace 
C) abf; ace 
D) ace; bcd 
E) abf; bcd

-The Figure Above Shows the Demand Curve, Marginal Revenue Curve