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Compared to a competitive industry, a monopolist is likely to achieve _____ producer surplus while generating _____ deadweight loss. a) less; more b) more; more c) more; less d) less; less

Respuesta :

Tundexi

Answer:

b) more; more

Explanation:

Compared to a competitive industry , a monopolist is likely to achieve more producer surplus (i.e monopolist profits) while generating more deadweight loss (and there is no deadweight loss under competitive market ). Hence, option(B) is correct.

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