FIGURE 10- 4 Suppose a Monopolist Faces the Demand Curve

question 40

Multiple Choice

FIGURE 10- 4 Suppose a monopolist faces the demand curve and cost curves shown below.

-Refer to Figure 10- 4.If the monopolist is practicing perfect price discrimination and is maximizing its profits,the consumer surplus is represented by the area

• A)P5P4a.
• B)P5P0c.
• C)P5P2e.
• D)P5P3c.
• E)There is no consumer surplus in this case.

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