Monopoly Profit Is Not a Social Problem Because

question 435

Multiple Choice

Monopoly profit is not a social problem because

• A)the size of the economic pie grows when monopoly profits increase.
• B)producers are more efficient than consumers.
• C)the profit represents a transfer from the consumer to the producer with no loss in total surplus.
• D)None of the above are correct.

---

Definitions:

Green Alga

Single-celled, colonial, or multicelled photosynthetic protist that has chloroplasts containing chlorophylls a and b.

Prokaryotic

Cells that lack a true, membrane-bound nucleus and most other organelles, characteristic of organisms such as bacteria.

Protozoans

Diverse group of unicellular eukaryotic organisms, often considered the simplest animal life forms, living in water or as parasites.