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ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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![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.](https://content.bartleby.com/qna-images/question/60ec1240-64b0-41f6-86ce-df36d59bcf4c/da073c73-8888-4384-a408-3041dbe83b0b/szlnrbo_thumbnail.jpeg)
Transcribed Image Text: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.
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