*2.2 If a monopoly faces an inverse demand function of p = 150 - 2Q, has a...
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*2.2 If a monopoly faces an inverse demand function of p = 150 - 2Q, has a constant marginal and average cost of 50, and can perfectly price discriminate, what is its profit? What are the consumer surplus, total surplus, and deadweight loss? How would these results change if the firm were a single-price monopoly?
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Managerial Economics And Strategy
ISBN: 9780135640944
2nd Global Edition
Authors: Jeffrey M. Perloff, James A. Brander
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