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work: Monopoly (Ch 23) Perfectly Competitive Market 5.0 4.5 PC Outcome 4.0 4 3.5 3.0 Consumers' Surplus PRICE (Dollars per hot dog) 2.5 O 2.0

work: Monopoly (Ch 23) Perfectly Competitive Market 5.0 4.5 PC Outcome 4.0 4 3.5 3.0 Consumers' Surplus PRICE (Dollars per hot dog) 2.5 O 2.0 Producers' Surplus S=MC 1.5 1.0 0.5 D 0 30 60 90 120 150 180 210 240 270 300 QUANTITY (Hot dogs)

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