If the firm in question 10 above is a perfect price discriminator instead of a single-price monopolist, what will profits be if fixed costs are still $1,000?
a. $2,500
b. $0
c. $9,000
d. $1,500
e. None of the above
Answer: e. None of the above
If the firm in question 10 above is a perfect price discriminator instead of a single-price monopolist, what will profits be if fixed costs are still $1,000?
a. $2,500
b. $0
c. $9,000
d. $1,500
e. None of the above
Answer: e. None of the above