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Distinguish between every consumer

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Consider a monopoly that can distinguish between every consumer, knows each consumer's willingness to pay and may charge different prices. Which of the following is true in this case?

a. The MR curve is below the demand curve.

b. There is DWL.

c. The rule that "MR=MC" still applies in this case.

d. The consumer will get some consumer surplus.

Reference no: EM131756789

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