(Figure: Monopolies Versus Competitive Industries) If the monopoly depicted in the graph were to become a perfectly competitive industry

A) e would change from producer surplus to consumer surplus.
B) e would change from consumer surplus to producer surplus.
C) f would change from consumer surplus to producer surplus.
D) h would change from producer surplus to consumer surplus.

Question

(Figure: Monopolies Versus Competitive Industries) If the monopoly depicted in the graph were to become a perfectly competitive industry

A) e would change from producer surplus to consumer surplus. 
B) e would change from consumer surplus to producer surplus. 
C) f would change from consumer surplus to producer surplus. 
D) h would change from producer surplus to consumer surplus.

Quizplus · Accepted Answer

The Answer of (Figure: Monopolies Versus Competitive Industries) If the monopoly depicted in the graph were to become a perfectly competitive industry

A) e would change from producer surplus to consumer surplus. 
B) e would change from consumer surplus to producer surplus. 
C) f would change from consumer surplus to producer surplus. 
D) h would change from producer surplus to consumer surplus.

(Figure: Monopolies Versus Competitive Industries) If the Monopoly Depicted in the Graph