What is the level of consumer surplus in each market if the


Assume that a monopolist can identify two distinct markets. Find the profit maximizing prices if the demand functions for the two markets are

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What is the level of consumer surplus in each market? If the monopolist is forced by legislation to charge a single price, what will this price be? Contrast the level of consumer surplus with and without price discrimination.

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Econometrics: What is the level of consumer surplus in each market if the
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