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dwilliams11 dwilliams11
wrote...
Posts: 443
5 years ago

Question 1.

Monopoly pricing creates a social loss that is captured by no one.



▸ true

▸ false

Question 2.

When monopolists perfectly price discriminate, they



▸ charge different prices to different buyers.

▸ attempt to capture consumer surplus as profit.

▸ can eliminate the deadweight loss to society of a monopoly.

▸ All of these are correct.
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
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1 Reply
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Answer verified by a subject expert
lindslinds
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Posts: 386
5 years ago
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dwilliams11 Author
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5 years ago
Just got PERFECT on my quiz
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Yesterday
This site is awesome
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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