5 In your diagram from the previous question, show the level of output that maximises total surplus.

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5 In your diagram from the previous question, show the level of output that maximises total surplus. Show the deadweight loss from the monopoly. Explain your answer.

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Principles Of Microeconomics

ISBN: 125206

8th Edition

Authors: Joshua Gans, Stephen King, Martin Byford, N Gregory Mankiw

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