19. If you practice personalized pricing and sell each collector a stamp for the maximum price he or she is Willing to pay) What are your prots (assume your costs are $0)? a. $10,000 b. $20,000 0. $60,000 d. Unknown You come into possession of three similar rare stamps. The market for these stamps consists of three stamp collectors willing to pay $30,000, $20,000 and $10,000 respectively. If you behave like a standard monopolist, your best outcome is to price each stamp at $20,000, sell two and pocket $40,000 in profits (assume your costs are $0). But you know you can engage in personalized price discrimination and sell each collector a stamp for the maximum price he or she is willing to pay. 17. If you sell two stamps for $20,000 each, the consumer surplus is: a. $0 b. $10,000 c. $20,000 d. $40,000 18. If you practice personalized pricing and sell each collector a stamp for the maximum price he or she will pay, what is the consumer surplus? a. $0 b. $10,000 c. $20,000 d. $40,000