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In: Economics

Suppose a monopolist is can price discriminate between two groups of consumers. Group 1 has demand...

Suppose a monopolist is can price discriminate between two groups of consumers. Group 1 has demand function given by P_1 = 100-2Q_1 and group 2 has demand function given by P_1 = 200-4Q_2. Suppose this monopolist has constant marginal cost of $20 and zero fixed cost.

Calculate consumer surplus in this market.

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