Microeconomics
21st Edition
ISBN: 9781259915727
Author: Campbell R. McConnell, Stanley L. Brue, Sean Masaki Flynn Dr.
Publisher: McGraw-Hill Education
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Chapter 21, Problem 3DQ
To determine
Enforcement of antitrust law.
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Suppose that demand is Qlp)-2000-4p. Consider the marginal revenue curve of a monopolist who operates in this market.
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A local magic shop has a monopoly on the production of magic wands. Each customer wants only one magic
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LO
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30 27 24 21 18 15 12 96
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wands.
If the firm practices perfect price discrimination, it will sell a total of
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and sell
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