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Question 2 1.5 pts Consider a monopolist facing a demand curve of P = 600 Sq and with a constant marginal cost of MC =
Question 2 1.5 pts Consider a monopolist facing a demand curve of P = 600 Sq and with a constant marginal cost of MC = $30 per unit. Suppose the monopolist started off by setting price and quantity using the MR = MC method. Later, the monopolist engaged in rst degree price discrimination. What is the change in quantity? The quantity would not change. The quantity would increase by 57 units. The quantity would increase by 114 units. None of the other options are correct. The quantity would decrease by 57 units
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