Assume quantities must be integers. Assume costs and prices in Indian Rupees. A monopolist constrained to...

Transcribed Image Text:

Assume quantities must be integers. Assume costs and prices in Indian Rupees. A monopolist constrained to charging the same price for each unit incurs a per-unit cost of 6 and faces the following demand schedule. What is consumer surplus when the monopolist charges the profit maximizing price? MWTP 23 18 16 14 12 10 8 6 4 2 1 2 3 4 5 6 7 8 9 10 Round to two decimal places and do not enter the currency symbol. If your answer is 1.125, Enter 1.13. Assume quantities must be integers. Assume costs and prices in Indian Rupees. A monopolist constrained to charging the same price for each unit incurs a per-unit cost of 6 and faces the following demand schedule. What is consumer surplus when the monopolist charges the profit maximizing price? MWTP 23 18 16 14 12 10 8 6 4 2 1 2 3 4 5 6 7 8 9 10 Round to two decimal places and do not enter the currency symbol. If your answer is 1.125, Enter 1.13.