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3. Use the diagram to show that a price discriminating P monopolist earns more profit than one charging a single 90 80 price. Show further

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3. Use the diagram to show that a price discriminating P monopolist earns more profit than one charging a single 90 80 price. Show further that he enjoys a greater profit the more 70 he can discriminate (that is, the more different prices he can 60 50 MC charge). 40 30 20 10 MR 1 2 3 4 5 6 7 8 9

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