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Author Question: Two groups of consumers have different valuations of the two monopoly products you as a monopolist ... (Read 70 times)

brutforce

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Two groups of consumers have different valuations of the two monopoly products you as a monopolist have bundled together. If their valuations for the two products are proportional, i.e. Group A's valuation of X is 10 and Y is 15, while Group B's valuation of X is 20 and Y is 30, bundling the products will be more profitable for the monopolist.
  Indicate whether the statement is true or false

Question 2

In many cities, the market for cab services is monopolized. This monopoly arises because:
 a. of economies of scale.
  b. of government restrictions on the entry of new firms.
  c. there is a limited space on the streets for taxis.
  d. it protects the consumers from unscrupulous drivers.
  e. of high fixed costs of entering the business.



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lou

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Answer to Question 1

F

Answer to Question 2

b




brutforce

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


T4T

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Reply 3 on: Yesterday
Wow, this really help

 

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