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Loraine Loraine
wrote...
Posts: 4563
8 years ago
With price discrimination, a monopoly
A) converts consumer surplus into economic profit.
B) converts producer surplus into economic profit.
C) can charge a single price to all customers.
D) produces less output than if it does not price discriminate.
E) converts consumer surplus into deadweight loss.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 239 times
1 Reply
Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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VincenzoDVincenzoD
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Posts: 1913
8 years ago
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Loraine Author
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8 years ago
this is exactly what I needed
wrote...

Yesterday
Thanks
wrote...

2 hours ago
Smart ... Thanks!
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