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Suppose That a Monopolist Has a Constant Marginal Cost of $7,and

Question 171

Multiple Choice

Suppose that a monopolist has a constant marginal cost of $7,and 25 consumers have reservation prices of at least $7.Under perfect price discrimination,one can infer that there will be


A) at least 25 different prices.
B) 7 different prices.
C) 2 different prices.
D) at most 25 different prices.
E) an indeterminate number of prices.

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