Question: 3 . Based on the following graph ( which summarizes the demand, marginal revenue, and relevant costs for your product ) , determine your firm's
Based on the following graph which summarizes the demand, marginal revenue, and relevant costs for your product determine your firm's optimal price, output, and the resulting profits for each of the following scenarios:
a If you charge the same unit price to all consumers. pts
b If you engage in block pricing. pts
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