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theferpectstudent theferpectstudent
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A year ago

The diagram below shows the demand and marginal revenue curves for a perfectly price discriminating monopoly.

Short description: A graph plots Q against dollars. Long description: The horizontal axis representing Q ranges from 0 to 2000, in increments of 500. The vertical axis representing dollars ranges from 0 to 14, in increments of 2. The graph plots two lines. The first line passes through the points, (0, 12), (250, 9), (500, 6), (750, 3), and (1000, 0). The second line representing D passes through the points, (0, 12), (500, 9), (1000, 6), (1500, 3), and (2000, 0).

FIGURE 10-10

Refer to Figure 10-10. If this is a perfectly price discriminating monopoly at a constant cost equal to $3.00 (i.e., AC = MC = $3.00) the number units sold is



▸ 500.

▸ 1250.

▸ 1500.

▸ 1000.

▸ 750.
Textbook 
Microeconomics

Microeconomics


Edition: 17th
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wackocrazywackocrazy
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theferpectstudent Author
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A year ago
Good timing, thanks!
Smair87
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Yesterday
Just got PERFECT on my quiz
Jose^2
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2 hours ago
Helped a lot
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