If a perfectly competitive industry is monopolized, consumer ...

[elizabeth18]

If a perfectly competitive industry is monopolized, consumer surplus
 a. can be expected to decrease
  b. will usually remain constant
  c. can be expected to increase
  d. drops from a high value to zero
  e. increases from zero to a high value

Question 2

Ersatz Kreme will sell its filling to Hunky Donuts only if Hunky Donuts agrees not to buy filling from other suppliers. This is an example of
 a. price discrimination
  b. exclusive dealing
  c. a tying contract
  d. interlocking directorates
  e. a trust

[ankilker]

Answer to Question 1

A

Answer to Question 2

B

[elizabeth18]

TYSM

[kishoreddi]

Excellent