Refer to the figure above. What is the consumer surplus when the market changes to a monopoly?

A) $30
B) $45
C) $60
D) $90

B

Economics

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A buyer is willing to buy 10 units of a good at a maximum price of $10 per unit. The reservation value of the buyer in this case is:

A) $1. B) $10. C) $20. D) $100.

Economics

In the United States, the government coordinates most of the economic activity

Indicate whether the statement is true or false

Economics