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Title: If a monopolist is practising perfect price discrimination, we know that
Post by: shbensonjr on Oct 3, 2022
If a monopolist is practising perfect price discrimination, we know that

▸ the firm is facing a perfectly elastic demand curve.

▸ marginal cost is rising as output rises.

▸ the firm is selling each unit at a different price and capturing all consumer surplus.

▸ the firm is producing a lower output than it would if it were a single-price monopolist.

▸ the firm is facing a perfectly inelastic demand curve.


Title: If a monopolist is practising perfect price discrimination, we know that
Post by: Jehanzaib on Oct 3, 2022
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