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Welcome to the Q&A for ECN/APEC 2010, where you can ask questions and receive answers from your fellow students, the TA, and your professor.

Please only ask questions about the material for the course. Try to create discussions about the material we see in class, instead of just thinking of economics in general (this is an introduction to microeconomics class, not a policy or government class).

For questions and discussions about course organization or other course related topics, come see us after class or during office hours.

Feel free to discuss quiz questions on the Q&A, but do not provide direct answers to quiz questions before the quiz's due date.

Practice quiz 13

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Calculate the change in consumer surplus from an unregulated monopoly to a (optimally) regulated monopoly.

  

The consumer surplus increases by $240.

   

The consumer surplus decreases by $125.

 Correct Answer  

The consumer surplus increases by $120.

   

The consumer surplus decreases by $5.

asked Apr 29 by canvas-2beaa592712eb (175 points)
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