Use the figure below to answer the following question. Figure 12.4.3 ...

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Use the figure below to answer the following question.

Figure 12.4.3

Refer to Figure 12.4.3. The outcome is efficient if

the quantity produced is 20 units.

0%

the monopoly is able to perfectly price discriminate.

0%

the price consumers pay is greater than marginal cost.

0%

the quantity produced is 80 units.

100%✨

the price consumers pay is less than marginal cost.

0%

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