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Economics
About this Free Flashcard Deck
Last update by
jillianprice08
on 11/03/2009
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Economics
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Flashcard Deck Tags
Chapter 12
,
Economics
Flashcard Review
14
welfare loss triangle
15
a price discriminating monopolist earns ...
16
welfare loss
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Deck Author
jillianprice08
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Free Flashcard From Economics
Question:
welfare loss triangle
Answer:
geometric representation of the welfare cost in terms of the resource misallocation caused by monopoly