Multiple Choice
If a monopolist faces an inverse demand curve, p(y) = 100 - 2y and has constant marginal costs of $16 and zero fixed costs and if this monopolist is able to practice perfect price discrimination, its total profits will be
A) $21.
B) $1,764.
C) $2,646.
D) $882.
E) $441.
Correct Answer:

Verified
Correct Answer:
Verified
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