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Author Question: Is a single-price monopoly efficient? (Read 43 times)

lb_gilbert

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on: May 24, 2019
Is a single-price monopoly efficient?
◦ Yes, because it creates a deadweight loss.
◦ No, because it creates a deadweight loss.
◦ Yes, because consumers gain and producers lose some of their surpluses.
◦ Yes, because consumers lose and producers gain some of their surpluses.
◦ Yes, because it produces the quantity at which MR = MC.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by lb_gilbert on May 24, 2019

beccamahon

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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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lb_gilbert

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Reply 2 on: May 24, 2019
Thanks for the timely response, appreciate it

sailorcrescent

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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