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A Monopolist Faces Inverse Demand P=4004QdP = 400 - 4 Q ^ { d }

Question 1

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A monopolist faces inverse demand P=4004QdP = 400 - 4 Q ^ { d } and has constant marginal cost MC=80M C = 80 . If this monopolist engages in first-degree price discrimination, total output will equal


A) 20 units
B) 40 units
C) 60 units
D) 80 units

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