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Suppose a single-price monopolist decides to switch to second degree price discrimination. It sells the first block of 20 units at a price of $80 per unit. It sells the next block of 10 units at a price of $70 per unit. 100 90 80 MC 70 60 50 40 30 20 10 20 30 50 100 MR Consumer surplus under a single-price monopolist is equal to $ a shift to second degree price discrimination is equal to $ and consumer surplus under P.

Suppose a single-price monopolist decides to switch to second degree price discrimination. It sells the first block of 20 units at a price of $80 per unit. It sells the next block of 10 units at a price of $70 per unit. 100 90 80 MC 70 60 50 40 30 20 10 20 30 50 100 MR Consumer surplus under a single-price monopolist is equal to $ a shift to second degree price discrimination is equal to $ and consumer surplus under P.

Economics:
Economics:
10th Edition
ISBN:9781285859460
Author:BOYES, William
Publisher:BOYES, William
Chapter28: Antitrust And Regulation
Section: Chapter Questions
Problem 8E
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Suppose a single-price monopolist decides to switch to second degree price discrimination. It sells the first block of 20 units at a price of $80 per unit. It sells the next block of 10 units at a price of $70 per unit. 100 90 80 MC 70 60 50 40 30 20 10 20 30 50 100 MR Consumer surplus under a single-price monopolist is equal to $_ a shift to second degree price discrimination is equal to $ and consumer surplus under 1250 ; 450 450 ; 300 900 ; 250 450 ; 250
Transcribed Image Text:Suppose a single-price monopolist decides to switch to second degree price discrimination. It sells the first block of 20 units at a price of $80 per unit. It sells the next block of 10 units at a price of $70 per unit. 100 90 80 MC 70 60 50 40 30 20 10 20 30 50 100 MR Consumer surplus under a single-price monopolist is equal to $_ a shift to second degree price discrimination is equal to $ and consumer surplus under 1250 ; 450 450 ; 300 900 ; 250 450 ; 250
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