This topic contains a solution. Click here to go to the answer

Author Question: In the case of a perfectly price-discriminating monopoly, there is no A) transfer of consumer ... (Read 36 times)

Pea0909berry

  • Hero Member
  • *****
  • Posts: 573
In the case of a perfectly price-discriminating monopoly, there is no
 
  A) transfer of consumer surplus to the producer.
  B) deadweight loss.
  C) short-run economic profit.
  D) long-run economic profit.

Question 2

Information can be thought of as a
 
  A) non-economic piece of data.
  B) violation of the invisible hand idea that the pursuit of self-interest promotes social interest.
  C) good whose marginal benefit is infinite.
  D) good whose marginal benefit decreases as more information is acquired.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

tranoy

  • Sr. Member
  • ****
  • Posts: 344
Answer to Question 1

B

Answer to Question 2

D





 

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

For a complete list of videos, visit our video library