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A monopolist faces inverse demand P = 400 - 4Q and has constant marginal cost MC = 80. If this monopolist engages in first-degree price
A monopolist faces inverse demand P = 400 - 4Q and has constant marginal cost MC = 80. If this monopolist engages in first-degree price discrimination, producer surplus will be
a)1,600
b)0
c)12,800
d)3,200
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Research Methods Design And Analysis
Authors: Larry Christensen
13th Edition
0205961258, 978-0205961252
