In a monopoly, consumer surplus is A) larger than under perfect competition. B) is equal to that ...

Author Question: In a monopoly, consumer surplus is A) larger than under perfect competition. B) is equal to that ... (Read 82 times)

natalie2426

Hero Member
Posts: 524

on: Jun 30, 2018

In a monopoly, consumer surplus is
A) larger than under perfect competition.
B) is equal to that under perfect competition.
C) smaller than under perfect competition.
D) None of these choices is true.

Question 2

In a monopoly,
A) marginal revenue is greater than price.
B) marginal revenue is less than price.
C) the demand curve is horizontal.
D) marginal revenue and price are equal

mceravolo

Sr. Member
Posts: 349

Reply #1 on: Jun 30, 2018

Answer to Question 1

C

Answer to Question 2

B

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Author Question: In a monopoly, consumer surplus is A) larger than under perfect competition. B) is equal to that ... (Read 82 times)

natalie2426

In a monopoly, consumer surplus is A) larger than under perfect competition. B) is equal to that ...

mceravolo

In a monopoly, consumer surplus is A) larger than under perfect competition. B) is equal to that ...

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