Suppose that the monopolist has the demand curve P = 100 - Q. If the firm's MC curve is given by MC = Q, then what price does this perfectly (1st degree) price discriminating charge? Type your response

Survey Of Economics
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ISBN:9781337111522
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter8: Monopoly
Section: Chapter Questions
Problem 8SQP
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Suppose that the monopolist has the demand curve P
= 100 - Q. If the firm's MC curve is given by MC =Q,
then what price does this perfectly (1st degree) price
discriminating charge?
Type your response
Transcribed Image Text:Suppose that the monopolist has the demand curve P = 100 - Q. If the firm's MC curve is given by MC =Q, then what price does this perfectly (1st degree) price discriminating charge? Type your response
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