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Draw the graph. If the monopoly is a doing perfect price discrimination, then:  the monopoly produces a quantity Q = ______ where ________________ (which curves intersect?) the monopoly charges a price of  ________ (trick question!!!!)  the consumer surplus is CS = ______.   the producer surplus is PS = _________(identify the area on the graph and calculate it). this monopoly ________ (is / is not) efficient because ______________________

Draw the graph. If the monopoly is a doing perfect price discrimination, then:  the monopoly produces a quantity Q = ______ where ________________ (which curves intersect?) the monopoly charges a price of  ________ (trick question!!!!)  the consumer surplus is CS = ______.   the producer surplus is PS = _________(identify the area on the graph and calculate it). this monopoly ________ (is / is not) efficient because ______________________

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Draw the graph. If the monopoly is a doing perfect price discrimination, then: 

  1. the monopoly produces a quantity Q = ______ where ________________ (which curves intersect?)
  2. the monopoly charges a price of  ________ (trick question!!!!)
  3.  the consumer surplus is CS = ______.  
  4. the producer surplus is PS = _________(identify the area on the graph and calculate it).
  5. this monopoly ________ (is / is not) efficient because ______________________.
P $1,000 $950 $850 $400 MC $300 D 10 30 90 120 Q MR
Transcribed Image Text:P $1,000 $950 $850 $400 MC $300 D 10 30 90 120 Q MR
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