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Refer to the Information Provided in Figure 13

Question 165

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Refer to the information provided in Figure 13.11 below to answer the question(s) that follow. Refer to the information provided in Figure 13.11 below to answer the question(s)  that follow.   Figure 13.11 -Refer to Figure 13.11. Suppose a monopolist faces the demand and costs in the figure and is able to perfectly price discriminate. If the monopoly supplies 400 widgets, it will A)  break even. B)  maximize profits. C)  suffer an economic loss. D)  earn a profit, but less than it would earn if it produced 500 widgets. Figure 13.11
-Refer to Figure 13.11. Suppose a monopolist faces the demand and costs in the figure and is able to perfectly price discriminate. If the monopoly supplies 400 widgets, it will


A) break even.
B) maximize profits.
C) suffer an economic loss.
D) earn a profit, but less than it would earn if it produced 500 widgets.

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