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Refer to Figure 16-5. Suppose the firm represented in the diagram decides to practice perfect price ...

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Refer to Figure 16-5. Suppose the firm represented in the diagram decides to practice perfect price ...

Question 1.

Figure 16-5

Refer to Figure 16-5. Suppose the firm represented in the diagram decides to practice perfect price discrimination. What is the profit-maximizing quantity?

• 320 units

• 480 units

• 560 units

• 640 units

Question 2.

Figure 16-5

Refer to Figure 16-5. Suppose the firm represented in the diagram decides to practice perfect price discrimination. What is the profit-maximizing price it will charge?

• It should charge a range of prices from $40 to $16.

• It should charge a range of prices from $40 to $12.

• $2

• $8

Textbook

Microeconomics

Edition: 7^th

Authors: Hubbard, O'Brien

Read 62 times

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You make an excellent tutor!

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