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Block of questions 7 Instructions for a block of questions: A monopoly produces with an average cost of AC = 5 and faces the following
Block of questions 7 Instructions for a block of questions: A monopoly produces with an average cost of AC = 5 and faces the following market demand p = 25 - 2q. The monopoly decided to realize the 1st-degree price discrimination. Respond to the following questions: 10 . The firm charges a price of: Select one from the following options O everyone is charged a different price. 5 Eur. OO 50 Eur. O 25 Eur. Block of questions 8 11. Dead weight loss is Eur. (round to whole number, mathematically) Select an option or use your own word(s) to fill in the gap(s) in the question. 12. The firm generates a profit of Eur. (round to whole number, mathematically) Select an option or use your own word(s) to fill in the gap(s) in the
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