(Figure: Monopolies Versus Competitive Industries) Based on the graph, under a monopoly consumer surplus is _____, while under perfect competition consumer surplus is _____.

A) e + f; e + f + i
B) f; e + f + i
C) f; e + f + g
D) e + f; e + f + g

Question

(Figure: Monopolies Versus Competitive Industries) Based on the graph, under a monopoly consumer surplus is _____, while under perfect competition consumer surplus is _____.

A) e + f; e + f + i 
B) f; e + f + i 
C) f; e + f + g 
D) e + f; e + f + g

Quizplus · Accepted Answer

The Answer of (Figure: Monopolies Versus Competitive Industries) Based on the graph, under a monopoly consumer surplus is _____, while under perfect competition consumer surplus is _____.

A) e + f; e + f + i 
B) f; e + f + i 
C) f; e + f + g 
D) e + f; e + f + g

(Figure: Monopolies Versus Competitive Industries) Based on the Graph, Under