SAT, 27.11.2021 06:40 steliosceltics2541
A second citizen proposes allowing the private company to charge different prices to different citizens and auctioning the right to build the museum to the highest bidding company. Again, only the citizens who pay the fee may view the museum. What is the highest bid a private company would make to supply the museum to smallsville? (hint: consider the revenue a perfectly price discriminating monopolist could earn relative to the annual interest payment of $1,000. ).
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A second citizen proposes allowing the private company to charge different prices to different citiz...
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