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Figure 15-7 -Refer to Figure 15-7.What Area Represents the Total Surplus Lost

Question 285

Multiple Choice

Figure 15-7
Figure 15-7 -Refer to Figure 15-7.What area represents the total surplus lost due to monopoly pricing? A) the rectangle (F-D) xA B) the triangle 1/2[(F-D) x(B-A) ] C) the triangle 1/2[(F-G) x(B-A) ] D) the rectangle (F-D) xA plus the triangle 1/2[(F-D) x(B-A) ]
-Refer to Figure 15-7.What area represents the total surplus lost due to monopoly pricing?


A) the rectangle (F-D) xA
B) the triangle 1/2[(F-D) x(B-A) ]
C) the triangle 1/2[(F-G) x(B-A) ]
D) the rectangle (F-D) xA plus the triangle 1/2[(F-D) x(B-A) ]

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