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Second Degree Price Discrimination

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"Will a monopolist's total revenue be larger with second-degree price discrimination when the batches on which it charges a uniform price are larger or smaller? Why?"

© BrainMass Inc. brainmass.com September 19, 2018, 6:29 pm ad1c9bdddf - https://brainmass.com/economics/microeconomics/second-degree-price-discrimination-167202

Solution Preview

In the literal sense, a monopolist has the freedom to set whatever price it wants because it is the only producer/ manufacturer/ provider of the good or service in the market. Since there is no ...

Solution Summary

A monopolist's revenue with second degree price discrimination is explored.

$2.19