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Exhibit 9.12 -Refer to Exhibit 9.12 Which Shows the Cost and Revenue

Question 126

Multiple Choice

Exhibit 9.12

Exhibit 9.12     -Refer to Exhibit 9.12 which shows the cost and revenue curves faced by a profit-maximizing monopolist.The dbc triangle reflects _____ A) a gain to consumers. B) a gain to the monopolist firm. C) a loss to consumers and a gain to nobody. D) a loss to consumers but a gain to the monopolist firm. E) a gain to society.
-Refer to Exhibit 9.12 which shows the cost and revenue curves faced by a profit-maximizing monopolist.The dbc triangle reflects _____


A) a gain to consumers.
B) a gain to the monopolist firm.
C) a loss to consumers and a gain to nobody.
D) a loss to consumers but a gain to the monopolist firm.
E) a gain to society.

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