[Solved] Given the following demand curve: P=100-Q If the monopoly’s marginal cost is zero: Find the monopoly profit in the absence of price discrimination.


Question: Given the following demand curve:

\[P=100-Q\]

If the monopoly’s marginal cost is zero:

  1. Find the monopoly profit in the absence of price discrimination.
  2. Next, assume the monopoly wishes to increase its profit using 2 nd degree price discrimination; selling blocks of 30 at different prices. Determine the change in total surplus.

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Solution: The downloadable solution consists of 1 pages
Deliverable: Word Document

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