Use the following to answer questions 6-7:
Figure 10.1
-(Figure 10.1) Producer surplus under monopoly and under perfect price discrimination are _____ and _____, respectively.
A) $16; $32
B) $24; $48
C) $8; $12
D) $32; $12

Question

Use the following to answer questions 6-7:
Figure 10.1 
-(Figure 10.1) Producer surplus under monopoly and under perfect price discrimination are _____ and _____, respectively.
A) $16; $32 
B) $24; $48 
C) $8; $12 
D) $32; $12

Quizplus · Accepted Answer

Producer surplus under monopoly is $24, and under perfect price discrimination is $48.

Use the Following to Answer Questions 6-7