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10.Consider the following statements:Statement 1: “The sum of consumer and producer surpluses is maximized under both monopoly and perfect competition.”Statement 2:”All else being equal, a monopolist that practices price discrimination will be more allocatively efficient than a single-price monopolist.”With respect to these statements: A:A:both of these statements are accurate. B:B:neither of these statements is accurate C:C:only one of these statements is accurate |
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