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Use the Figure Below to Answer the Following Questions

question 39

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Use the figure below to answer the following questions.
Use the figure below to answer the following questions.     Figure 13.4.6 -Prime Pharmaceuticals has developed a new asthma inhaler, for which it has a patent. An inhaler can be produced at a constant marginal cost of $2 per inhaler. The demand curve, marginal revenue curve, and marginal cost curve for this new asthma inhaler are shown in Figure 13.4.6. The patent gives Prime Pharmaceuticals a monopoly for its new inhaler. If prime Pharmaceuticals can perfectly price discriminate, deadweight loss is A) $16 million. B) zero. C) $32 million. D) $64 million. E) $24 million.
Figure 13.4.6
-Prime Pharmaceuticals has developed a new asthma inhaler, for which it has a patent. An inhaler can be produced at a constant marginal cost of $2 per inhaler. The demand curve, marginal revenue curve, and marginal cost curve for this new asthma inhaler are shown in Figure 13.4.6. The patent gives Prime Pharmaceuticals a monopoly for its new inhaler. If prime Pharmaceuticals can perfectly price discriminate, deadweight loss is


Definitions:

Freud

Sigmund Freud was an Austrian neurologist and the founder of psychoanalysis, a clinical method for treating psychopathology through dialogue between a patient and a psychoanalyst.

Conscious Level

The immediate awareness of one's thoughts, feelings, and sensations at any given moment, also referred to as consciousness.

Preconscious Level

A term in psychoanalytic theory referring to information that is not currently in consciousness but can be readily brought to consciousness.

Information Recalling

The process of retrieving memory from the past, which can be influenced by various factors including the method of encoding and the context of recall.

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