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A Firm Faces the Demand for Its Product, , as Shown

Question 20

Multiple Choice

A firm faces the demand for its product,A firm faces the demand for its product,  , as shown in the figure below. It produces under conditions of constant costs in the long run, and LMC = LAC = $12 per unit. Answer Questions  .   -the firm can practice first-degree price discrimination, it will be able to collect $________ in total revenue under perfect price discrimination. A)  $1,872 B)  $1,936 C)  $7,744 D)  $9,856 E)  none of the above , as shown in the figure below. It produces under conditions of constant costs in the long run, and LMC = LAC = $12 per unit. Answer Questions . A firm faces the demand for its product,  , as shown in the figure below. It produces under conditions of constant costs in the long run, and LMC = LAC = $12 per unit. Answer Questions  .   -the firm can practice first-degree price discrimination, it will be able to collect $________ in total revenue under perfect price discrimination. A)  $1,872 B)  $1,936 C)  $7,744 D)  $9,856 E)  none of the above
-the firm can practice first-degree price discrimination, it will be able to collect $________ in total revenue under perfect price discrimination.


A) $1,872
B) $1,936
C) $7,744
D) $9,856
E) none of the above

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