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 $3.00 would lead to _____
A) erased profits from Panel A.
B) erased profits from Panel B.
C) negative marginal revenue from the group in Panel A.
D) positive marginal revenue from the group in Panel A.
E) negative marginal revenue from the group in Panel B.
Correct Answer:
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