Suppose that there are four consumers whose maximum willingness to pay for a good is $20, $15, $8, and $4, respectively. A firm can produce and sell the good at a constant marginal cost of $6. If the firm practiced perfect price discrimination, its total revenues would equal:

Suppose that there are four consumers whose maximum willingness to pay for a good is $20, $15, $8, and $4, respectively. A firm can produce and sell the good at a constant marginal cost of $6. If the firm practiced perfect price discrimination, its total revenues would equal:

$47.



$43.

$24.

$18.