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Suppose that the demand for a monopolist's product is estimated to be Q d = 100 2P and its total costs are C(Q) = 10Q.
Suppose that the demand for a monopolist's product is estimated to be Qd = 100 2P and its total costs are C(Q) = 10Q. Under first-degree price discrimination, the incremental price charged to the first consumer willing-to-pay the highest price will be
Multiple Choice
$40
$10
$50
$98
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