Nourine is the only producer of paper binders in Fileland. The demand for her binders is given by p = 22 − 2q and her only cost is a marginal cost of 2. If Lesley could perfectly price discriminate, what would her profits be? 114 O 27 50 50 O O 54 100
Nourine is the only producer of paper binders in Fileland. The demand for her binders is given by p = 22 − 2q and her only cost is a marginal cost of 2. If Lesley could perfectly price discriminate, what would her profits be? 114 O 27 50 50 O O 54 100
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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help please answer in text form with proper workings and explanation for each and every part and steps with concept and introduction no

Transcribed Image Text:Nourine is the only producer of paper binders in Fileland. The demand for her binders is
given by p = 22 − 2q and her only cost is a marginal cost of 2. If Lesley could perfectly
price discriminate, what would her profits be?
114
O
27
50
50
O
O
54
100
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