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-If the Market Becomes Uncompetitive,and Output Is Reduced to 500

Question 4

Multiple Choice

-If the market becomes uncompetitive,and output is reduced to 500 000 units,the consumer surplus becomes: A) $0.25 million B) $0.5 million C) $1 million D) $5.5 million E) $1.5 million
-If the market becomes uncompetitive,and output is reduced to 500 000 units,the consumer surplus becomes:


A) $0.25 million
B) $0.5 million
C) $1 million
D) $5.5 million
E) $1.5 million

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