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10.3 Price Discrimination Suppose a Monopolist Faces the Demand Curve and Cost Curves

Question 93

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10.3 Price Discrimination
Suppose a monopolist faces the demand curve and cost curves shown below. 10.3 Price Discrimination Suppose a monopolist faces the demand curve and cost curves shown below. FIGURE 10-5 -Refer to Figure 10-5.If the monopolist is practicing perfect price discrimination and is maximizing its profits,the total revenue is represented by the area A) 0P<sub>4</sub>aQ<sub>0</sub>. B) 0P<sub>5</sub>cQ<sub>2</sub>. C) 0P<sub>1</sub>dQ<sub>1</sub>. D) 0P<sub>2</sub>bQ<sub>0</sub>. E) 0P<sub>3</sub>cQ<sub>2</sub>. FIGURE 10-5
-Refer to Figure 10-5.If the monopolist is practicing perfect price discrimination and is maximizing its profits,the total revenue is represented by the area


A) 0P4aQ0.
B) 0P5cQ2.
C) 0P1dQ1.
D) 0P2bQ0.
E) 0P3cQ2.

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