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(Figure: Market by Residence I) If the Firm Cannot Practice

Question 94

Multiple Choice

(Figure: Market by Residence I) If the firm cannot practice third-degree price discrimination and must charge a single profit-maximizing price, it will earn producer surplus of approximately: (Figure: Market by Residence I)  If the firm cannot practice third-degree price discrimination and must charge a single profit-maximizing price, it will earn producer surplus of approximately:     A)  $3,521.05. B)  $2,990. C)  $980. D)  $4,555.20. (Figure: Market by Residence I)  If the firm cannot practice third-degree price discrimination and must charge a single profit-maximizing price, it will earn producer surplus of approximately:     A)  $3,521.05. B)  $2,990. C)  $980. D)  $4,555.20.


A) $3,521.05.
B) $2,990.
C) $980.
D) $4,555.20.

Correct Answer:

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