Question: In a monopolized market, Multiple choice question. total surplus is higher than in a competitive market, while consumer surplus is lower. producer surplus is lower

In a monopolized market, Multiple choice question. total surplus is higher than in a competitive market, while consumer surplus is lower. producer surplus is lower than in a competitive market, while consumer surplus is higher. producer surplus is higher than in a competitive market, while consumer surplus is lower. consumer surplus is higher than in a competitive market, while total surplus is lower

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