-The Figure Above Shows the Demand Curve,marginal Revenue Curve,and Marginal

question 173

Multiple Choice

-The figure above shows the demand curve,marginal revenue curve,and marginal cost curve.The amount of consumer surplus when the market has a monopoly producer is ________ and the amount of consumer surplus when the market is perfectly competitive is ________.

• A) abf; ace
• B) abf; bcd
• C) ace; bcd
• D) ace; abf
• E) bcd; ace

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Definitions:

Ocean Floor

The bottom surface of the ocean, consisting of various features such as plains, trenches, and ridges.

Seamounts

Underwater mountains formed by volcanic activity, rising from the ocean floor but not reaching the surface.

Smooth

Describes surfaces with an even or flat texture that is free of abrasions or roughness.

Continental Rifting

The process by which a continent stretches and splits along a rift zone, often leading to the formation of new oceanic crust.