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Total Cost 25E} 26E} 29E} Refer to the demand and cost data for a pure monopolist given in the table. Ifthe monopolist perfectly pricediscriminated and
Total Cost 25E} 26E} 29E} Refer to the demand and cost data for a pure monopolist given in the table. Ifthe monopolist perfectly pricediscriminated and sold each unit of the product at the maximum price the buyer of that unit would be willing to pay, and if the monopolist sold 4 units, then total revenue would be Multiple Choice . $60 0. $90 0. $1.40 0. O 0 $1.00 0. O Market Share (96) Refer to the data. Suppose that rms in this industry,r split up such that there were 20 firms, each with a 5 percent market share. The fourfirm concentration ratio and the Herndahl index respectively would be Multiple Choice 0 100 percent and 10,000. 20 percent and 20. 20 percent and 500. O 500 percent and 100. Expected Interest Rate Rate of R&D Cost of Funds Return (%) ($M) (% ) 15 20 3 12 40 3 9 60 3 6 80 3 3 100 3 Refer to the data. The firm's optimal amount of R&D spending is Multiple Choice O $40 million. O $60 million. O $80 million. O $100 million
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