Business, 30.10.2021 03:00 allieliquori

Suppose a perfectly discriminating monopolist faces market demand: P = 100 – 10Q and marginal cost: MC = 20. 4. How much output does the perfectly discriminating monopolist produce? a. Q = 20 b. Q = 4 c. Q = 8 d. Q = 10 e. Q = 12 5. How much profit does the perfectly discriminating monopolist earn (assume that fixed cost = 0)? a. Profit = $0 b. Profit = $160 c. Profit = $20 d. Profit = $640 e. Profit = $320

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Suppose a perfectly discriminating monopolist faces market demand: P = 100 – 10Q and marginal cost:...

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