Question 8 Consider the figure below. P $40 $36 $35.333 $32 $12 O $80 O $108.888 O $400 Onone of the available options O $13.333 At the monopoly price, what is Consumers Surplus (recall the area of a triangle is .5"base"height)? O $3.111 40 46.566 0 $0 Referring to the figure the previous question, what is the dead weight loss due to monopoly pricing? O none of the available options $0.666 12+0.50 O $24. 40.10 a Referring again to the monopoly figure above, by how much does price exceed marginal cost? O none of the available options.

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Question 8
Consider the figure below.
P
$40
$36
$35.333
$32
$12
O $80
$108.888
O $400
40
At the monopoly price, what is Consumers Surplus (recall the area of a triangle is .5*base height)?
Onone of the available options
O $13.333
O $3.111
O $0
O none of the available options
O $4.
46.566
○ $0.666
O $24.
12+0,50
Referring to the figure the previous question, what is the dead weight loss due to monopoly pricing?
+40-10
O none of the available options.
Q
Referring again to the monopoly figure above, by how much does price exceed marginal cost?
Transcribed Image Text:Question 8 Consider the figure below. P $40 $36 $35.333 $32 $12 O $80 $108.888 O $400 40 At the monopoly price, what is Consumers Surplus (recall the area of a triangle is .5*base height)? Onone of the available options O $13.333 O $3.111 O $0 O none of the available options O $4. 46.566 ○ $0.666 O $24. 12+0,50 Referring to the figure the previous question, what is the dead weight loss due to monopoly pricing? +40-10 O none of the available options. Q Referring again to the monopoly figure above, by how much does price exceed marginal cost?
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