1. If the market below is a Monopoly, what areas is the Consumer surplus (CS)? 2. If the market below is a Monopoly, wha
Posted: Sun Jul 03, 2022 1:00 pm
1. If the market below is a Monopoly, what areas is the Consumer surplus (CS)? 2. If the market below is a Monopoly, what areas is the Producer Surplus (PS)? 3. If the market below is a Monopoly, what areas is the Deadweight Loss? 4. 5. If the market below is a Monopoly, what will be the price. Is it Pa or Pb? If the market below is a Monopoly, what will be the Quantity, Is it Qa or Qb? MR Q Re S=MC