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Author Question: A monopolist who has a ________ and perfectly price discriminates appropriates all consumer surplus as profit. (Read 96 times)

cool

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Question 1

When monopolists perfectly price discriminate, they


◦ charge different prices to different buyers.
◦ attempt to capture consumer surplus as profit.
◦ can eliminate the deadweight loss to society of a monopoly.
◦ All of these are correct.

Question 2

A monopolist who has a ________ and perfectly price discriminates appropriates all consumer surplus as profit.


◦ downward-sloping 
MR curve
◦ demand curve which is the same as its 
MR curve
◦ horizontal 
ATC schedule
◦ vertical 
ATC schedule


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Marked as best answer by cool on Apr 19, 2019

hramirez205

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