FIGURE 12- 3
-Refer to Figure 12- 3. Comparing the monopoly equilibrium to the perfectly competitive equilibrium, the area representing the gain in producer surplus due to monopoly is outlined by
A) P0P3CA less ACE
B) P2P3CB less ABE.
C) P1P3CA less ACE.
D) P3P4 less ABE.
E) P2P4E.

Question

FIGURE 12- 3
-Refer to Figure 12- 3. Comparing the monopoly equilibrium to the perfectly competitive equilibrium, the area representing the gain in producer surplus due to monopoly is outlined by
A) P0P3CA less ACE 
B) P2P3CB less ABE. 
C) P1P3CA less ACE. 
D) P3P4 less ABE. 
E) P2P4E.

Quizplus · Accepted Answer

The Answer of  FIGURE 12- 3
-Refer to Figure 12- 3. Comparing the monopoly equilibrium to the perfectly competitive equilibrium, the area representing the gain in producer surplus due to monopoly is outlined by
A) P0P3CA less ACE 
B) P2P3CB less ABE. 
C) P1P3CA less ACE. 
D) P3P4 less ABE. 
E) P2P4E.

FIGURE 12- 3 -Refer to Figure 12- 3. Comparing the Monopoly Equilibrium to Monopoly