Solved

-The Firm in Figure 10-7 Does Not Practice Price Discrimination

Question 22

Multiple Choice

-The firm in Figure 10-7 does not practice price discrimination.Its price and output will be

A) $300 and 175
B) $50 and 125
C) $250 and 125
D) $180 and 160
E) none of these since the firm should immediately shut down in the short run

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