FIGURE 12- 3

question 99

Multiple Choice

FIGURE 12- 3
-Refer to Figure 12- 3.Comparing the monopoly equilibrium to the perfectly competitive equilibrium,the area representing the gain in producer surplus due to monopoly is outlined by

• A)P3P4 less ABE.
• B)P1P3CA less ACE.
• C)P2P3CB less ABE.
• D)P0P3CA less ACE
• E)P2P4E.

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