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Under Monopoly, the Portion of the Outgoing Consumer Surplus That

Question 57

Multiple Choice

Under monopoly, the portion of the outgoing consumer surplus that is not transferred to the monopoly firm or still considered consumer surplus is:


A) known as deadweight loss.
B) the key to making the moral case against monopoly.
C) transferred to the government.
D) available to third parties who benefit from sales of the monopolist's output.

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