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Please refer to the diagram on the Word document that is available on the E:EC101 (EXAM:EC101) Moodle page and was also emailed to every student:

Please refer to the diagram on the Word document that is available on the E:EC101 (EXAM:EC101) Moodle page and was also emailed to every student:

If the industry changes from being a monopoly to being perfectly competitive, what area denotes the total gain in consumer surplus?

Select one:

a.gef

b.bced

c.ade

d.deh

e.cef

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