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answerhappygod
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need it as soon as possible
need it as soon as possible
4. [4 pts] Suppose that Amazon has a monopoly position selling books and that it has enough information about its customers to practice first degree price discrimination. The demand for books is given by Q(P) = 100 – 2P and Amazon's marginal cost is MC=5. What is the level of producer surplus and consumer surplus in this market? Explain.
4. [4 pts] Suppose that Amazon has a monopoly position selling books and that it has enough information about its customers to practice first degree price discrimination. The demand for books is given by Q(P) = 100 – 2P and Amazon's marginal cost is MC=5. What is the level of producer surplus and consumer surplus in this market? Explain.