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Exhibit 10-10 -Refer to Exhibit 10-10. Calculate the Amount of Consumer Surplus

Question 147

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Exhibit 10-10 Exhibit 10-10   -Refer to Exhibit 10-10. Calculate the amount of consumer surplus transferred to the monopoly as compared with the efficient output and price.
-Refer to Exhibit 10-10. Calculate the amount of consumer surplus transferred to the monopoly as compared with the efficient output and price.

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$120
Monopoly price and output...

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