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## (p.523). Using a spreadsheet like the following, entering fo

Paper help Economics (p.523). Using a spreadsheet like the following, entering fo

# (p.523). Using a spreadsheet like the following, entering fo

(p.523). Using a spreadsheet like the following, entering formulas for the total revenue and consume… Show more (p.523). Using a spreadsheet like the following, entering formulas for the total revenue and consumerâ€™s surplus, and given the following demand curve of a consumer for a monopolistâ€™s product Q=14-2P (a) find the total revenue of the monopolist when it sells 6 units of the commodity without practicing any form of price discrimination What is the value of the consumersâ€™ surplus? (b) What would be the total revenue of the monopolist if it practiced first-degree price discrimination? How much would the consumersâ€™ surplus be in this case? (c) What if the monopolist charged P= \$5.50 for the first 3 units of the commodity and P= \$4 for the next 3 unitsâ€”What type of price discriminiation is this? • Show less Ready to try a high quality writing service? 