-In the figure above, if the market is a single-price monopoly rather than a perfectly competitive industry, the transfer of consumer surplus from consumers to the producer is the area of
A) trapezoid beic.
B) triangle abe.
C) rectangle begd.
D) rectangle befc.

Question

-In the figure above, if the market is a single-price monopoly rather than a perfectly competitive industry, the transfer of consumer surplus from consumers to the producer is the area of
A) trapezoid beic. 
B) triangle abe. 
C) rectangle begd. 
D) rectangle befc.

Quizplus · Accepted Answer

The Answer of 
-In the figure above, if the market is a single-price monopoly rather than a perfectly competitive industry, the transfer of consumer surplus from consumers to the producer is the area of
A) trapezoid beic. 
B) triangle abe. 
C) rectangle begd. 
D) rectangle befc.

-In the Figure Above, If the Market Is a Single-Price