Firm Faces the Demand for Its Product, ,As Shown

question 24

Multiple Choice

firm faces the demand for its product, ,as shown in the figure below.It produces under conditions of constant costs in the long run,and LMC = LAC = $12 per unit. If the firm can practice first-degree price discrimination,it can make a maximum profit of

• A)$1,872.
• B)$1,936.
• C)$7,744.
• D)$9,856.

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Definitions:

Encopresis

A disorder characterized by repeated defecating in inappropriate places, such as one’s clothing.

Enuresis

A condition characterized by involuntary urination, typically occurring at night and in children beyond the age when bladder control should have been established.

Conduct Disorder

Conduct Disorder is a serious behavioral and emotional disorder in children and adolescents marked by aggression, destructiveness, deception, and violation of rules and social norms.

Enuresis

A condition typically seen in children, characterized by involuntary urination, especially during sleep, also known as bedwetting.