Suppose a monopolist can charge different prices to different customers, such as doctors charging different prices depending on whether the patient is insured.How will profits and marginal revenue of such a price-discriminating monopolist compare to profits and MR of an ordinary monopolist who must charge all patients the same fee?

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The Answer of Suppose a monopolist can charge different prices to different customers, such as doctors charging different prices depending on whether the patient is insured.How will profits and marginal revenue of such a price-discriminating monopolist compare to profits and MR of an ordinary monopolist who must charge all patients the same fee?

Suppose a Monopolist Can Charge Different Prices to Different Customers