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) in Exhibit 15­4, the Increase in Consumer Surplus

Question 36

Multiple Choice

) )    In Exhibit 15­4, the increase in consumer surplus that occurs when price isset equal to marginal cost rather than at the profit­maximizing level, as itwould be in an unregulated monopoly, is shown by area A) abc B) adf C) cef D) dfeg E) bcfd In Exhibit 15­4, the increase in consumer surplus that occurs when price isset equal to marginal cost rather than at the profit­maximizing level, as itwould be in an unregulated monopoly, is shown by area


A) abc
B) adf
C) cef
D) dfeg
E) bcfd

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