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18 Aug 2020
Suppose a monopolist is at the profit-maximizing output level. If the monopolist sells another unit of output, then:
A. both producer and consumer surplus increase.
B. producer surplus falls but consumer surplus rises.
C. both producer and consumer surplus decrease.
D. producer surplus rises but consumer surplus falls.
Suppose a monopolist is at the profit-maximizing output level. If the monopolist sells another unit of output, then:
A. both producer and consumer surplus increase.
B. producer surplus falls but consumer surplus rises.
C. both producer and consumer surplus decrease.
D. producer surplus rises but consumer surplus falls.
Samantha BalandoLv7
4 Oct 2020
