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Business, 17.04.2020 02:05 baleycardell9901
Consider a monopolist with demand D = 120 − 2p, (1) and marginal cost MC = 40. Suppose the monopolist uses the perfect price discrimination. (1) What is the optimal output? (Hint: use MR = MC ) (2) What is the maximal monopolist’s profit under perfect price discrimination?
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Consider a monopolist with demand D = 120 − 2p, (1) and marginal cost MC = 40. Suppose the monopolis...
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