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    Principles of Economics
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    Exam 15: Monopoly
  5. Question
    The Profits That a Monopoly Makes Are
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The Profits That a Monopoly Makes Are

Question 99

Question 99

Multiple Choice

The profits that a monopoly makes are:


A) a dead-weight loss to society
B) inefficient as they hurt consumers
C) a direct transfer of economic surplus from consumers to producers
D) the amount by which total surplus is lower as a result of monopoly

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