Use the Figure Below,which Shows the Linear Demand and Constant

question 44

Multiple Choice

Use the figure below,which shows the linear demand and constant cost conditions facing a firm with a high barrier to entry,to answer the question. $_________ the deadweight loss is caused by the market power created by the high entry barrier

• A)$625,000
• B)$1,000,000
• C)$1,500,000
• D)$2,000,000

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