Suppose There Are Two Types of Consumers with Two Different

question 57

Multiple Choice

Suppose there are two types of consumers with two different demand curves,and the marginal cost of the monopoly is $10.What could be the possible price under two-part pricing that will maximize the monopoly profit?

• A)$8
• B)$9
• C)$10
• D)$12

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Definitions:

Limbic System

A group of structures in the brain, including the amygdala and hippocampus, that are collectively involved in emotional expression, memory, and motivation.

Amygdala

A part of the brain's limbic system involved in processing emotions such as fear, pleasure, and anger.

Hippocampus

A major part of the brain involved in learning and memory.

Medulla

A part of the brainstem that controls vital bodily functions such as heart rate, breathing, and blood pressure.