QUESTION 5 Price 180 168 156 144 132 120 108 96 84 72 60 48 36 24 12 0 0 45 90 135 180 225 270 P 1 I T I 1 T 1 1 1 315 3

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Question 5 Price 180 168 156 144 132 120 108 96 84 72 60 48 36 24 12 0 0 45 90 135 180 225 270 P 1 I T I 1 T 1 1 1 315 3 1 (40.43 KiB) Viewed 35 times

QUESTION 5 Price 180 168 156 144 132 120 108 96 84 72 60 48 36 24 12 0 0 45 90 135 180 225 270 P 1 I T I 1 T 1 1 1 315 360 405 450 495 540 585 630 Quantity MR ---MC-AC A monopoly face the following demand, marginal revenue and marginal cost functions Note that in this case MC(Q) = AC(Q) for all Q. Calculate the monopoly's profits if the monopoly perfectly price discriminates 675