product is estimated to be Qd = 100 – 2P ane its total costs are C(Q) = 10Q. Under first- degree price discrimination, the incremental price charged to the last consumer willing-to- pay the highest price will be Multiple Choice $50 $98 $10 $40 %3D

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
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Answer it correctly please.

Suppose that the demand for a monopolists
product is estimated to be Qd = 100 – 2P and
its total costs are C(Q) = 10Q. Under first-
degree price discrimination, the incremental
price charged to the last consumer willing-to-
pay the highest price will be
Multiple Choice
$50
$98
$10
$40
%3D
Transcribed Image Text:Suppose that the demand for a monopolists product is estimated to be Qd = 100 – 2P and its total costs are C(Q) = 10Q. Under first- degree price discrimination, the incremental price charged to the last consumer willing-to- pay the highest price will be Multiple Choice $50 $98 $10 $40 %3D
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