Under Which of the Following Is Consumer Surplus Zero

question 238

Multiple Choice

Under which of the following is consumer surplus zero?

• A) all types of monopoly
• B) only single-price monopoly
• C) only perfectly price-discriminating monopoly
• D) only price discrimination on the basis of the number of units purchased
• E) perfect competition

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Definitions:

Affordable Care Act

A healthcare reform law enacted in 2010 aimed at increasing insurance coverage and reducing healthcare costs.

Tax-Penalty

Financial charges imposed by authorities on individuals or organizations for violating tax laws or regulations.

Patient Protection

Measures and policies established to safeguard the rights and well-being of patients in the healthcare system, promoting quality care and preventing abuse or negligence.

Affordable Care Act

A comprehensive health care reform law enacted in 2010 in the United States, aiming to make health insurance more affordable and accessible.