-In the above figure, if the single-price monopolist charges a price that maximizes its profits, consumer surplus is
A) area hacd.
B) area bac.
C) area jae.
D) area jbce.

Question

-In the above figure, if the single-price monopolist charges a price that maximizes its profits, consumer surplus is
A) area hacd. 
B) area bac. 
C) area jae. 
D) area jbce.

Quizplus · Accepted Answer

The Answer of 
-In the above figure, if the single-price monopolist charges a price that maximizes its profits, consumer surplus is
A) area hacd. 
B) area bac. 
C) area jae. 
D) area jbce.

-In the Above Figure, If the Single-Price Monopolist Charges a Price