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 .
-If the firm can practice first-degree price discrimination, it can make a maximum profit of
A) $1,872.
B) $1,936.
C) $7,744.
D) $9,856.

Question

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  . 
-If the firm can practice first-degree price discrimination, it can make a maximum profit of
A) $1,872. 
B) $1,936. 
C) $7,744. 
D) $9,856.

Quizplus · Accepted Answer

The Answer of 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  . 
-If the firm can practice first-degree price discrimination, it can make a maximum profit of
A) $1,872. 
B) $1,936. 
C) $7,744. 
D) $9,856.

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