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

A) stay the same.
B) decrease from i + j to i.
C) decrease from i + j to j.
D) decrease from i + j to zero.

Question

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

A) stay the same. 
B) decrease from i + j to i. 
C) decrease from i + j to j. 
D) decrease from i + j to zero.

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, deadweight loss would

A) stay the same. 
B) decrease from i + j to i. 
C) decrease from i + j to j. 
D) decrease from i + j to zero.

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