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Consumers relative share of surplus is greater when (please draw it out and upload): a. They face a competitive industry with increasing MC. b. They
Consumers relative share of surplus is greater when (please draw it out and upload):
a. They face a competitive industry with increasing MC.
b. They face a monopolist with increasing MC.
c. They face a competitive industry with constant MC.
d. They face a monopolist with constant MC
e. They face a duopoly that competes on the basis of price, regardless of MC.
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