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Question 99

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Use the following to answer questions:
Figure: The Profit-Maximizing Output and Price Use the following to answer questions: Figure: The Profit-Maximizing Output and Price   -(Figure: The Profit-Maximizing Output and Price)  Look at the figure The Profit-Maximizing Output and Price. Assume that there are no fixed costs and AC = MC = $200. The monopolist who can use price discrimination perfectly will produce an output of _____ diamonds. A)  0 B)  6 C)  16 D)  20
-(Figure: The Profit-Maximizing Output and Price) Look at the figure The Profit-Maximizing Output and Price. Assume that there are no fixed costs and AC = MC = $200. The monopolist who can use price discrimination perfectly will produce an output of _____ diamonds.


A) 0
B) 6
C) 16
D) 20

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