Multiple Choice
Figure: PPD Monopolist 
Refer to the figure. A monopolist who cannot price discriminate earns profit equal to area(s) ________, and a monopolist practicing perfect price discrimination earns profit equal to areas ________.
A) b; ab
B) ab; abc
C) b; abc
D) b; bc
Correct Answer:
Verified
Correct Answer:
Verified
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Q155: Tying is:<br>A) the practice of selling complement
Q156: Bundling is a form of price discrimination
Q157: When two goods must be bought in
Q158: To maximize profit, a monopolist should charge
Q160: A company that produces men's electric shavers
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Q162: Bundling is likely to increase total surplus
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Q164: Charging each customer his or her maximum