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Loraine Loraine
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8 years ago
If a monopoly can perfectly price discriminate,
A) all the demanders pay one price.
B) it minimizes its profit.
C) it produces the same amount of output as would be produced if the market was a perfectly competitive industry.
D) it produces less output than would be produced if the market was a perfectly competitive industry.
E) it creates the same amount of consumer surplus as would be created if the market was a perfectly competitive industry.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 197 times
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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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8 years ago
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Loraine Author
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You make an excellent tutor!
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