A monopolist has no fixed costs and a constant marginal cost equal to $4 per un...
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A monopolist has no fixed costs and a constant marginal cost equal to $4 per unit. It faces the following demand schedule:
Price Per Unit | Quantity Demanded |
$15 | 1 |
$13 | 2 |
$11 | 3 |
$9 | 4 |
$7 | 5 |
$5 | 6 |
$3 | 7 |
$1 | 8 |
If this monopolist can perfectly price discriminate, what is the price for the last unit sold?
100%
0%
0%
0%
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