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This section will discuss price-discrimination, the process by which a monopolist smashes consumer surplus and charges every consumer a different price - their exact ...Question: Perfect price discrimination is characterized by charging different prices to customers based on when they purchase the good or service. O customers a different price, depending on their income. O prices that are different from competitors' prices. customers a different price, depending on their gender. each customer a price equal to his or her maximumNow, total revenue = P*Q. Writing P in terms of Q, we have: TR= (mQ+b)*Q=mQ^2+bQ. Marginal revenue is defined as the instantaneous change in total revenue, i.e. MR is the derivative of TR with respect to Q. Taking the derivative of TR with respect to Q, we get: d/dQ (TR)=2mQ+b. The y-intercept of MR and the demand curve are the same (b), but ... 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