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surplus

Prodeucer gets entire surplus when:

a. supply is completely inelastic

b. demand is inelastic

c. demand is completely elastic

d. Reselling a profit maximizing monopolist's product is otlawed

Posted in Economics, asked by Anthony, 6 years ago. 1844 hits.

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Reselling a profit maximizing monopolist's product is otlawed.

Furqan Ali
Furqan Ali - 6 years ago
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