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Doss [256]
3 years ago
12

The perfectly price-discriminating monopolist is like the __________ in this regard.

Business
1 answer:
Nadusha1986 [10]3 years ago
8 0

Answer:

The correct answer is perfectly competitive firm.

Explanation:

The discriminating monopoly of prices is that where each unit of the product is placed at a different rate. That is, the seller charges each customer differently, depending on various factors such as the budget constraint.

The marginal income curve of the monopolist that can discriminate perfectly is exactly the same as its demand curve. The level of production maximizing the benefit of the benefit is Q *, which is the one in which the CMC curve is cut and the demand, the economic benefit (II).

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How many people lost their jobs when the minimum wage increased from $12 to $18
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3 years ago
Masterlink Co., in applying the lower of cost or market method, reports its inventory at net realizable value. Which of the foll
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3 years ago
1. Explain the concept of opportunity cost with an appropriate example.<br>​
inn [45]

Answer:

Concept & example of Opportunity Cost

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