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ECON 5136 L Price ($) 100 90 80 70 60 50 40 MC 30 20 10 MR D 0 20 40 60 80 100 120
ECON 5136 L Price ($) 100 90 80 70 60 50 40 MC 30 20 10 MR D 0 20 40 60 80 100 120 140 160 180 200 Quantity (Q) The figure above represents demand at an amusement park. Park management is trying to decide between acting as a single price monopolist and employing a two-part tariff scheme. Assume MC = ATC. Complete the table below. Single-Price Monopoly Two-Part Tariff Consumer Surplus Profit Deadweight Loss
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