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Ap micro unit 4 imperfect competitiion pg 2

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MC Topic 4.3- Price Discrimination 1. Identify the three conditions necessary for a firm 3. Draw and label a price discriminating to price discriminate monopoly The firm must be a price taker The firm must be able to seperate the market and identify Price consumers that are willing to pay more. The firm must be able to make sure consumers cannot resell that product to other consumers. 2. If a regular unregulated monopoly started perfectly price discriminating, what would happen to consumer surplus and deadweight loss? LATL D:Mr. PRICE/COST Quantity Practice: Use the graph to identify the following 1. The price and quantity for an unregulated monopoly Q1 2. The consumer surplus for an unregulated Marginal Cost monopoly ABP2 3. The the deadweight loss for an unregulated monopoly BCG Average Total Cost 4. The price and quantity at the allocatively efficient output P4Q2 5. The consumer surplus at the allocatively B D D ...
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