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Based on the Figure 11-7b, Monopoly and Deadweight Loss, the monopolist loses the area represented by Blank______ but gains area Blank______ as a result of

Based on the Figure 11-7b, Monopoly and Deadweight Loss, the monopolist loses the area represented by Blank______ but gains area Blank______ as a result of higher prices, while consumers lose Blank______ and gain Blank______

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