Multiple Choice
A firm faces the demand for its product, ,as shown in the figure below.It produces under conditions of constant costs in the long run,and LMC = LAC = $12 per unit. If the firm can practice first-degree price discrimination,it will be able to collect $________ in total revenue under perfect price discrimination.
A) $1,872
B) $1,936
C) $7,744
D) $9,856
E) none of the above
Correct Answer:

Verified
Correct Answer:
Verified
Q47: A news magazine offers students a discount
Q48: The following graph shows the demands and
Q49: The following graph shows the demands and
Q50: In order to maximize profit,a firm that
Q51: A firm is producing two goods
Q52: A firm sells its product to two
Q53: A firm is producing two goods
Q54: A firm faces the demand for
Q55: A firm sells two goods (X
Q56: Black Diamond Tennis & Golf Club