Which of the Following Is the Result of a Monopolist's

question 67

Multiple Choice

Which of the following is the result of a monopolist's pricing and output behaviour,as compared to a perfectly competitive outcome?

• A)a reduction in producer surplus and increase in consumer surplus
• B)an increase in both consumer and producer surplus
• C)a reduction in both consumer and producer surplus
• D)a reduction in the sum of consumer and producer surplus
• E)an increase in the sum of consumer and producer surplus