The above figure shows the market for a particular good. If the market is controlled by a perfect-price-discriminating monopoly, consumer surplus equals
A) A.
B) A + B + C.
C) C.
D) zero.
D
Economics
You might also like to view...
Which of the following counts as part of M1?
A) $5,000 worth of gold B) $5,000 in a checking account C) $5,000 worth of government bonds D) $5,000 credit line on a credit card E) $5,000 of real estate
Economics
The figure above shows the demand and supply of dollars in the foreign exchange market. The equilibrium in the market occurs at a price of ________ Brazilian reals per dollar and a quantity of ________ billion dollars
A) 2.0; 100 B) 2.4; 120 C) 1.6; 100 D) 100; 2.0
Economics