Multiple Choice
Exhibit 9.14

-Refer to Exhibit 9.14,which shows the activity of a price-discriminating monopolist that divides its customers into two segments based on price elasticity of demand.Charging both groups $1.50 would _____
A) erase profits from Panel A.
B) erase profits from Panel B.
C) lead to negative marginal revenue from the group in Panel A.
D) lead to positive marginal revenue from the group in Panel A.
E) lead to negative marginal revenue from the group in Panel B.
Correct Answer:
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