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Refer to this table for next two questions Quantity TypeA TypeB 1 8 6 2 3 5 > 3 El l] 7. (4 points) You
Refer to this table for next two questions Quantity TypeA TypeB 1 8 6 2 3 5 > 3 El l] 7. (4 points) You run a monopoly rm that serves two types of consumers. Individual type-A consumers have a value of 8 for their rst unit of the product, a value of 3 for their second unit, and a value of zero for all additional units. Individual type-B consumers have a value of 6 for their rst unit of the product, a value of 5 for their second unit, and a value of zero for any additional units. (This is shown in the table above.) There is one of each type of consumer. Your marginal cost is 1. If you cannot price discriminate, what is the single price that maximizes your profits? A.3 B.5 0.6 D.8
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