Figure 15-10

-Refer to Figure 15-10.Which area represents the deadweight loss from monopoly?
A) J
B) H
C) A+B+C+D+F+I+J+H
D) J+H

Name: Figure 15-10 -Refer to Figure 15-10.Which area represents the deadweight loss from monopoly? A) J B) H C) A+B+C+D+F+I+J+H D) J+H
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Question

Figure 15-10
 
-Refer to Figure 15-10.Which area represents the deadweight loss from monopoly?
A) J 
B) H 
C) A+B+C+D+F+I+J+H 
D) J+H

Quizplus · Accepted Answer

Deadweight loss is represented by the area between the demand curve and the marginal cost curve, and is shown as triangle J+H in the graph. Therefore, the correct choice is D, which includes only the areas corresponding to triangle J+H.

Figure 15-10 -Refer to Figure 15-10.Which Area Represents the Deadweight Loss from the Deadweight