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If a Monopolist Faces an Inverse Demand Curve, P(y)=100 -

Question 16

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If a monopolist faces an inverse demand curve, p(y) =100 - 2y and has constant marginal costs of $4 and zero fixed costs and if this monopolist is able to practice perfect price discrimination, its total profits will be


A) $24.
B) $3,456.
C) $2,304.
D) $1,152.
E) $576.

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