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Consider a monopolist who applies price discrimination. Suppose demanders are non-excludable. Which statement is correct? a) He has to set a uniform price and makes

Consider a monopolist who applies price discrimination.Suppose demanders are non-excludable. Which statement is correct?

a) He has to set a uniform price and makes no profit

b) He has to set a uniform price and makes the monopoly profit

c) A 2nd market emerges and he makes no profit

d) A 2nd market emerges and he makes the monopoly profit

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