Output 0 1 12 3 4 S Mumple Choice Refer to the demand and cost data for a pure monopolist given in the table If the monopolist perfectly price discriminated and sold each unt of the product at the maximum price the buyer of that unit would be willing 10 pay, and if the monopolist maximized profits, then the total profit received would be O $820 $650 $1,500 Price: $ 420 300 340 300 260 220 $900 Total Cost 1250 260 290 150 500 600

Output 0 1 12 3 4 S Mumple Choice Refer to the demand and cost data for a pure monopolist given in the table If the monopolist perfectly price discriminated and sold each unt of the product at the maximum price the buyer of that unit would be willing 10 pay, and if the monopolist maximized profits, then the total profit received would be O $820 $650 $1,500 Price: $ 420 300 340 300 260 220 $900 Total Cost 1250 260 290 150 500 600

Microeconomic Theory

12th Edition

ISBN:9781337517942

Author:NICHOLSON

Publisher:NICHOLSON

Chapter14: Monopoly

Section: Chapter Questions

Problem 14.10P

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