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150 140 130 120 110 500 50,90 SO -- PRICE (Dollars) 30 70 0 MCATC 50 40 20 16 MR D 0 2 4 140
150 140 130 120 110 500 50,90 SO -- PRICE (Dollars) 30 70 0 MCATC 50 40 20 16 MR D 0 2 4 140 160 180 50 100 125 QUANTITY (Units) If the market is perfectly competitive, profit equals S If the market is a single-price monopoly market, profit equals S On the following graph, use the green triangle (triangle symbols) to shade the area that represents consumers' surplus in a perfectly competitive On the following graph, use the green triangle (triangle symbols) to shade the area that represents consumers' surplus in a perfectly competitive market Perfectly Competitive Market 1 PC Consumers Sorphis 110 100 PRICE (Dollars) 88888883RR2 MC ATC 1 MR D 8 40 10 500 60 0 100 120 QUANTITY (Units) On the following graph, use the green triangle (triangle symbols) to stade the area that represents consumers' surplus in a single-price monopoly market On the following graph, use the green triangle (triangle symbols) to shade the area that represents consumers' surplus in a single price monopoly market. Single-Price Monopoly 150 140 130 Monopoly Consumers Surplus 120 110 100 00 BO PRICE (Dollars) 70 BO MC ATC IMR D 100 20 140 0 0 150 60 BO 100 120 QUANTITY (Units) Save & Continue
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