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An Ordinary Price Discrimination Monopolist That Serves Two Markets and Can

Question 40

Multiple Choice

An ordinary price discrimination monopolist that serves two markets and can produce any level of output that it desires will maximize profits by:


A) producing at the minimum of each market's AC function.
B) producing output where the horizontal sum of the MR curve meets AC.
C) producing where MR = MC in each market.
D) charging a price equal to MR in each market.

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