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QUESTION
In the cost, demand and marginal revenue curves for the monopolist, where the monopolist's production cost is proportional to output and the average
In the cost, demand and marginal revenue curves for the monopolist, where the monopolist's production cost is proportional to output and the average total cost are constant and equal to each other, suppose the monopolist can perfectly price discriminate, using a graph, show the monopolist's profit and give a brief explanation.
