The distributional effect of monopoly arises because: Select one: A. the entire ()consumer surplus under...

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Accounting

The distributional effect of monopoly arises because:
Select one:
A. the entire ()consumer surplus under perfect competition becomes part of the deadweight loss under monopoly
B. none of the above
C. part of what would be consumer surplus under perfect competition is transferred to the monopoly in the form of profits
D. the monopolist may fail to minimize costs

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