Chapter 10, Problem 3P

(a)

To determine

The demand curve for the butterfingers in the market.

(b)

To determine

The buyer who buys the butter finger at price of $7 per unit.

(c)

To determine

The buyer who buys the butter finger at price of $6 per unit.

(d)

To determine

Each individual demand on the demand curve.

(e)

To determine

Profit maximizing price by the monopolist and the profit.

(f)

To determine

The maximum profit made with the maximum willingness to pay of each consumer is displayed.

(g)

To determine

Price discrimination and the consumer surplus.

(h)

To determine

Price discrimination and the deadweight loss.