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? 100 90 Monopoly Outcome 80 A 70 60 Consumer Surplus PRICE (Dollars per pair of Ooh boots) 50 40 Profit MC = ATC 30

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? 100 90 Monopoly Outcome 80 A 70 60 Consumer Surplus PRICE (Dollars per pair of Ooh boots) 50 40 Profit MC = ATC 30 20 Deadweight Loss 10 MR Demand 0 0 80 720 800 160 240 320 400 480 560 640 QUANTITY (Pairs of boots) Now, suppose that Barefeet can practice perfect price discrimination-that is, it knows each consumer's willingness to pay for each pair of Ooh boots and is able to charge each consumer that amount

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