The table below represents the revenues for a monopolist. Suppose the monopolist has a marginal cost of $78 per unit and no fixed costs. How much can the monopolist increase its profit by engaging in perfect price discrimination? Q MR $150.00 $150.00 1 $147.00 $144.00 2 $144.00 $138.00 3 $141.00 $132.00 4 $138.00 $126.00 $135.00 $120.00 $132.00 $114.00 7 $129.00 $108.00 $126.00 $102.00 9. $123.00 $96.00 10 $120.00 $90.00 11 $117.00 $84.00 12 $114.00 $78.00 13 $111.00 $72.00 14 $108.00 $66.00 15 $105.00 $60.00 16 $102.00 $54.00 17 $99.00 $48.00 18 $96.00 $42.00 19 $93.00 $36.00 20 $90.00 $30.00 21 $87.00 $24.00 22 $84.00 $18.00 23 $81.00 $12.00 24 $78.00 $6.00 25 $75.00 $0.00
The table below represents the revenues for a monopolist. Suppose the monopolist has a marginal cost of $78 per unit and no fixed costs. How much can the monopolist increase its profit by engaging in perfect price discrimination? Q MR $150.00 $150.00 1 $147.00 $144.00 2 $144.00 $138.00 3 $141.00 $132.00 4 $138.00 $126.00 $135.00 $120.00 $132.00 $114.00 7 $129.00 $108.00 $126.00 $102.00 9. $123.00 $96.00 10 $120.00 $90.00 11 $117.00 $84.00 12 $114.00 $78.00 13 $111.00 $72.00 14 $108.00 $66.00 15 $105.00 $60.00 16 $102.00 $54.00 17 $99.00 $48.00 18 $96.00 $42.00 19 $93.00 $36.00 20 $90.00 $30.00 21 $87.00 $24.00 22 $84.00 $18.00 23 $81.00 $12.00 24 $78.00 $6.00 25 $75.00 $0.00
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:The table below represents the revenues for a monopolist.
Suppose the monopolist has a marginal cost of $78 per unit and no fixed costs.
How much can the monopolist increase its profit by engaging in perfect price
discrimination?
Q
MR
$150.00
$150.00
1
$147.00
$144.00
2
$144.00
$138.00
3
$141.00
$132.00
4
$138.00
$126.00
$135.00
$120.00
$132.00
$114.00
7
$129.00
$108.00
$126.00
$102.00
9.
$123.00
$96.00
10
$120.00
$90.00
11
$117.00
$84.00
12
$114.00
$78.00
13
$111.00
$72.00
14
$108.00
$66.00
15
$105.00
$60.00
16
$102.00
$54.00
17
$99.00
$48.00
18
$96.00
$42.00
19
$93.00
$36.00
20
$90.00
$30.00
21
$87.00
$24.00
22
$84.00
$18.00
23
$81.00
$12.00
24
$78.00
$6.00
25
$75.00
$0.00
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