(Figure: PPD Monopolist) Refer to the figure. A monopolistwho cannot price discriminate earns profit equal to area(s)________, and a monopolist practicing perfect pricediscrimination earns profit equal to areas ________.Figure: PPD Monopolist

Question

Quizplus · Accepted Answer

A monopolist who cannot price discriminate earns profit equal to the rectangle b, while a monopolist practicing perfect price discrimination earns profit equal to the triangle abc. Therefore, the correct answer is C as it includes both b and abc.

(Figure: PPD Monopolist) Refer to the Figure