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Suppose that the demand for a monopolist's product is estimated to be Qd = 100 2P and its total costs are C = 10Q. a.

Suppose that the demand for a monopolist's product is estimated to be Qd = 100 2P and its total costs are C = 10Q.

a. How does the number of units sold with first-degree price discrimination compare to the number sold if the firm charged its optimal single price?

b. How do the profits earned with first-degree price discrimination compare to profits earned if the firm charged its optimal single price?

c. How does consumer surplus with first-degree price

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