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Consider a rent seeking environment involving a monopoly.The monopoly would be willing to pay for it produce _______.The amount the consumers are willing to pay

Consider a rent seeking environment involving a monopoly.The monopoly would be willing to pay for it produce _______.The amount the consumers are willing to pay in total is _______ than the amount the monopoly is willing to pay.The _______ usually lose(s).

Group of answer choices

more, more, monopoly

less, more, consumers

more, less, consumers

less, less, monopoly

more, less, monopoly

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