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Author Question: If a perfectly competitive industry becomes a monopoly and the costs do not change, which of the ... (Read 74 times)

piesebel

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on: May 24, 2019
If a perfectly competitive industry becomes a monopoly and the costs do not change, which of the following allocation of costs and benefits applies?
◦ The producer benefits, but consumers and society are harmed.
◦ The producer and society are harmed, but consumers benefit.
◦ The producer and society benefit, but consumers are harmed.
◦ The producer is harmed, but consumers and society benefit.
◦ The producer, consumers, and society all benefit.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by piesebel on May 24, 2019

Fayaz00962

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Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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piesebel

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Reply 2 on: May 24, 2019
Great answer, keep it coming :)

dantucker

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Reply 3 on: Yesterday
Wow, this really help

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