Study of Maximum Condition of Monopoly Revenue in Case of Second Degree Price Discrimination
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Graphical Abstract
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Abstract
In this paper,the problem of maximizing monopoly revenue under the condition that the second degree price discrimination is allowed,is studied.The maximum condtion of monopoly revenue and the maximum revenue a monopolist may earn are given.The relevant computing formulas are very simple and the process of maximing the monopoly revenue is easy to carry out.Some new results presented in this paper are of importonce to both firms and consumers.
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