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A profit-maximizing monopoly will charge a price of

A profit-maximizing monopoly will charge a price of P5. P4. P3. P2. P1. Question 33 1 pts Figure 8-1 rice P' K. P" NI Daantity Refer to Figure 8-1. Suppose the government imposes a tax of P-P". The deadweight loss due to the tax is measured by the area O J+K+L+M. O JHK+L+M+N. 1+Y 1+Y+B. B+N. Question 34 1 pts Figure 8-1 Price Supply P' K. P" !Y NI Dem and Duantity Refer to Figure 8-1. Suppose the government imposes a tax of P' - P". Total surplus before the tax is measured by the area I+Y. J+K+L+M. O L+M+Y. O I+J+K+L+M+Y. O B+N. Question 35 1 pts Figure 8-1 Price Spply P' к P" !Y L. %3D NI Dem nd axtity Refer to Figure 8-1. Suppose the government imposes a tax of P' - P". The area measured by L+M+Yrepresents consumer surplus after the tax. consumer surplus before the tax. producer surplus after the tax. producer surplus before the tax. total surplus after the tax. i! Question 36 1 pt: Figure 8-1 Price Supply P' P" м NI Dennd Dacntity Refer to Figure 8-1. Suppose the government imposes a tax of P' - P". The area measured by I+Y represents the deadweight loss due to the tax. loss in consumer surplus due to the tax. loss in producer surplus due to the tax. total surplus before the tax. total surplus after the tax. J,

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