Use the Following Figure to Answer the Question : Figure

question 22

Multiple Choice

Use the following figure to answer the question : Figure 12-2 : shows the downward sloping demand and marginal revenue [MR] curves and the upward sloping marginal cost [MC] curve of a monopolist.
-Refer to Figure 12-2.What will be the consumer surplus when the monopolist practices first-degree price discrimination?

• A)WVE
• B)CVF
• C)ZVN
• D)Zero

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