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Use the Following to Answer Question 321

Question 316

Multiple Choice

Use the following to answer question 321:
Figure: The Monopolist II Use the following to answer question 321: Figure: The Monopolist II   -(Figure: The Monopolist II) Use Figure: The Monopolist II.The deadweight loss associated with this monopoly can be measured as the area: A)  0.5(P<sub>1</sub> -- P<sub>2</sub>) (Q<sub>2</sub> -- Q<sub>1</sub>) . B)  0.5 (P<sub>2</sub> -- P<sub>4</sub>) (Q<sub>4</sub> -- Q<sub>2</sub>) . C)  0.5 (P<sub>1</sub> -- P<sub>3</sub>) Q<sub>3</sub>. D)  0.5 (P<sub>1</sub> -- P<sub>3</sub>) Q<sub>2</sub>.
-(Figure: The Monopolist II) Use Figure: The Monopolist II.The deadweight loss associated with this monopoly can be measured as the area:


A) 0.5(P1 -- P2) (Q2 -- Q1) .
B) 0.5 (P2 -- P4) (Q4 -- Q2) .
C) 0.5 (P1 -- P3) Q3.
D) 0.5 (P1 -- P3) Q2.

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