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The Monopolist's Profit-Maximizing Price Is $25 Per Unit and His

Question 146

Multiple Choice

The monopolist's profit-maximizing price is $25 per unit and his marginal cost is $13.Consumers exist with reservation prices between $24 and $13 per unit.The monopolist is


A) uninterested in the desires of these consumers.
B) unwilling to sell to these consumers under any circumstance.
C) willing to sell to these consumers at less than $25 per unit if his original customers continue to pay $25 per unit.
D) willing to lower the price to everyone.
E) worse off if he charges lower prices to these consumers while maintaining the higher price to the original consumers.

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