If a monopolist faces an inverse demand curve, p(y) = 100-2y and has constant marginal costs of $32 and zero fixed costs and if this monopolist is able to practice perfect price discrimination, its total profits will be O a. $1,156. O b. $17. O c. $578. O d. $1,734, O e. $289.

Give typing answer with explanation and conclusion

s price discrimination ilegai? In recent years, the courts have interpreted the O B. A Robinson-Patman Act such that price discrimination is illegal if it reduces competition. Clayton Act such that price discrimination is legal if it is not based on differences in co Federal Trade Commission Act such that price discrimination is illegal if it is based or race and gender. OC. O D. Robinson-Patman Act such that all forms of price discrimination are illegal. OE. Federal Trade Commission Act such that price discrimination is legal if it increases competition. Click to select your answer.

Suppose a museum charges different entrance fees for children, students, adults, and seniors, but these groups all pay the same amount for souvenirs at the gift shop. Which of the following explains why the museum price discriminates on admission but not souvenirs? O The museum has not yet realized the potential gain from price discrimination on souvenirs. O The entrance ticket is individual, while souvenirs are transferable. O There is much greater variance in cost among souvenirs than entrance tickets. O The museum collects much more revenue on entrance tickets than on souvenirs.