The higuie shows the demand curve, the corresponding marginal revenue curve, and the cost structure for a monopoly that cannot price discriminate Now suppe the monopoly has the ability to practice porfect pace discrimination. How will this affect the market? Use either the triangle or rectangle drawing tools la shade in consumer surplas (Corsamer surplus), if any profft (Profit), if any, and deadweight loss (Dudweight loss), il any Property label the shaded area(s) Carefully follow the instructions abowe, and only draw the requited objects. 4 Price and cest MR Quantity

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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The hgure shows the demand curve, the corresponding
marginal revenue curve, and the cost structure for a
monopoly that cannot price discriminate
Now suppress the monopoly has the ability to practice
perfect price discrimination. How will this affecti
the market?
Use either the triangle: ar rectangle drawing tools to shade
in consumer surplus (Consumer surplus), if any,
profit (Proht), if any, and deadweight loss (Dovdweight
loss), if any Property label the shaded area(s).
Carefully follow the instructions abowe, and only draw the
required objects.
D
Price and
MR
Quantity
Transcribed Image Text:The hgure shows the demand curve, the corresponding marginal revenue curve, and the cost structure for a monopoly that cannot price discriminate Now suppress the monopoly has the ability to practice perfect price discrimination. How will this affecti the market? Use either the triangle: ar rectangle drawing tools to shade in consumer surplus (Consumer surplus), if any, profit (Proht), if any, and deadweight loss (Dovdweight loss), if any Property label the shaded area(s). Carefully follow the instructions abowe, and only draw the required objects. D Price and MR Quantity
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