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Business, 26.12.2019 22:31 jaredsmailandst

Suppose that a price-searcher firm had consumers who were all identical to each other. the individual consumer's demand function is given by: qd= 20-5p. the firm decides to try a second-degree price discrimination scheme. the first 8 units will have a price of $2.40. after that, any units a consumer purchases will be only $1.00. the firm has a constant marginal cost of $0.80 per unit. calculate the firm's producer surplus. (do not include a "$" sign in your response. round to the nearest two decimal places if necessary.)

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