Suppose a monopolist faces the following demand curve: Price Quantity (Dollars per unit) (Units) 300 7 400 6 500 5 600 4 700 800 900 1 1,000 Refer to Table 15-2. The monopolist has fixed costs of $1,000 and has a constant marginal cost of $2 per unit. If the monopolist were able to perfectly price discriminate, how many units would it sell? 500 400 900 4,200 3. 2.

Suppose a monopolist faces the following demand curve: Price Quantity (Dollars per unit) (Units) 300 7 400 6 500 5 600 4 700 800 900 1 1,000 Refer to Table 15-2. The monopolist has fixed costs of $1,000 and has a constant marginal cost of $2 per unit. If the monopolist were able to perfectly price discriminate, how many units would it sell? 500 400 900 4,200 3. 2.

Economics:

10th Edition

ISBN:9781285859460

Author:BOYES, William

Publisher:BOYES, William

Chapter25: Monopoly

Section: Chapter Questions

Problem 14E

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Similar questions

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