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JZ240 JZ240
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A year ago
Which of the following statements about a monopoly practicing perfect price discrimination is correct?

▸ The profit-maximizing criterion is MR = P, the same as for perfect competition.

▸ Total costs will be lower than that of a single-price monopolist.

▸ The demand curve is also the marginal-revenue curve.

▸ The output will always be less than that produced by a single-price monopolist.

▸ It will charge higher prices in those market segments with more elastic demand.
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Microeconomics

Microeconomics


Edition: 17th
Author:
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apinaapina
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A year ago
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JZ240 Author
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A year ago
Smart ... Thanks!
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This site is awesome
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This helped my grade so much Perfect
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