-In Figure 29.1 the area that represents the producer surplus under monopoly is A)P_PCAC B)P_monopolyAB C)FP_PCC D)FP_monopolyBE

Name: -In Figure 29.1 the area that represents the producer surplus under monopoly is A)P PC AC B)P monopoly AB C)FP PC C D)FP monopoly BE
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Producer surplus under monopoly is the area above the supply curve (marginal cost) and below the monopoly price, which is represented by the area FP_monopolyBE.