9. Price, Cost, Marginal Revenue 40 60 20 0 B MR X 8 MC = ATC 10 quantity of demand e) What is the producer's surplus? f) What is the consumer surplus? g) What is the deadweight loss? h) What is the producer surplus if there is perfect price discrimination?

9. Price, Cost, Marginal Revenue 40 60 20 0 B MR X 8 MC = ATC 10 quantity of demand e) What is the producer's surplus? f) What is the consumer surplus? g) What is the deadweight loss? h) What is the producer surplus if there is perfect price discrimination?

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)

14th Edition

ISBN:9781305506381

Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Chapter3: Demand Analysis

Section: Chapter Questions

Problem 5E

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Question

9.
Price, Cost,
Marginal
Revenue
40
60
20
B
4
A
MR
X
8
D
MC = ATC
10
quantity of demand
e) What is the producer's surplus?
f) What is the consumer surplus?
g) What is the deadweight loss?
h) What is the producer surplus if there is perfect price discrimination?

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