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Business, 22.04.2020 01:35 kassidyopry15

Suppose a monopolist is at the profit-maximizing output level. If the monopolist reduces output: A. both producer surplus and consumer surplus increase. B. producer surplus falls but consumer surplus rises. C. producer surplus rises but consumer surplus falls. D. both producer surplus and consumer surplus decrease.

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Suppose a monopolist is at the profit-maximizing output level. If the monopolist reduces output: A....
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