Suppose a Monopoly Sells to Two Identifiably Different Types of Customers,A

question 21

Multiple Choice

Suppose a monopoly sells to two identifiably different types of customers,A and B,who are unable to practice arbitrage.The inverse demand curve for group A is P_A = 10 - Q_A,and the inverse demand curve for group B is P_B = 18 - Q_B.The monopolist is able to produce the good for either type of customer at a constant marginal cost of 2,and the monopolist has no fixed costs.If the monopoly uses uniform pricing,the deadweight loss is 36.If the monopolist is able to practice group price discrimination,the deadweight loss is

• A) 30.
• B) 32.
• C) 34.
• D) 36.

---

Definitions:

Complex Cortical Cells

Neurons within the brain's cortex that respond to the orientation and movement of edges in a particular direction, integral to visual processing.

Simple Cortical Cells

Neurons in the visual cortex that respond best to edges and bars of light with a specific orientation, playing a fundamental role in visual processing.

Hypercomplex Cortical Cells

Neurons in the visual cortex involved in processing complex visual stimuli, such as the movement and length of objects.

Lateral Geniculate Cells

Neurons located in the lateral geniculate nucleus of the thalamus, playing a crucial role in visual processing by receiving signals from the retina and relaying them to the visual cortex.