Microeconomics

Learn the toughest concepts covered in Microeconomics with step-by-step video tutorials and practice problems by world-class tutors

Monopoly

Price Discrimination

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1

concept

Price Discrimination

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2

concept

Perfect Price Discrimination

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3

example

Price Discrimination

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4
Problem

If the firm’s marginal cost is constant at $3.00, output for a perfect price discriminating monopolist is: 

5
Problem

The marginal revenue for the perfectly price discriminating monopolist from the sale of the third unit is: 

6
Problem

The total revenue for the perfectly price discriminating monopolist from selling five units of output is: 

7
Problem

If the firm’s marginal cost is constant at $3.00, the perfect price discriminating firm will charge each customer: