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true or false. Suppose a single-price monopolist decreases the price of its good, from $180 to $134.As a result the number of units they sell

true or false.

  1. Suppose a single-price monopolist decreases the price of its good, from $180 to $134.As a result the number of units they sell increases from 28 to 43.Theprice effectwould equal $722. ( true or false)
  2. If a monopolist can perfectly price discriminate, the total surplus in the market will be maximized. ( true or false )
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