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Posts: 9130
4 years ago
Compared to setting a single price, if a firm can price discriminate it
A) makes a larger economic profit.
B) makes a lower economic profit.
C) makes zero economic profit.
D) has no change in its economic profit from when it set a single price.
E) might increase, decrease, or not change its economic profit depending on whether as a single-price monopoly its marginal revenue curve was above, below, or the same as its demand curve.
Source  Download
Essential Foundations of Economics
Edition: 7th
Authors:
Read 117 times
3 Replies
Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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Top Poster
Posts: 3824
3 years ago
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wrote...
3 years ago
Upwards Arrow This solved my problem, many thanks again.
Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
wrote...
3 years ago
You're welcome Flushed Face
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