Author Question: Refer to the information provided in Figure 13.11 below to answer the question(s) that follow. Refer ... (Read 46 times)

savannahhooper · **on:** Apr 19, 2019

Question 1

Refer to the information provided in Figure 13.11 below to answer the question(s) that follow.

Refer to Figure 13.11. Suppose a monopolist faces the demand and costs in the figure and is able to perfectly price discriminate. How much surplus is realized by consumers?

◦ $0
◦ $16,000
◦ $32,000
◦ Indeterminate from the given information.

Question 2

Refer to the information provided in Figure 13.11 below to answer the question(s) that follow.

Refer to Figure 13.11. Suppose a monopolist faces the demand and costs in the figure and is able to perfectly price discriminate. How much profit does the monopolist earn?

◦ $0
◦ $16,000
◦ $32,000
◦ Indeterminate from the given information.

carolinefletcherr · **Reply #1 on:** Apr 19, 2019

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