Microeconomics (12th Edition) (Pearson Series in Economics)
Microeconomics (12th Edition) (Pearson Series in Economics)
12th Edition
ISBN: 9780133872293
Author: Michael Parkin
Publisher: PEARSON
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Chapter 13, Problem 5SPA

(a)

To determine

Producer surplus of the monopolist.

(b)

To determine

Efficiency of the monopolist.

(c)

To determine

Impact of new wells nearby the monopolist firm.

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