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Author Question: If a firm faces a flat demand curve, A) it cannot engage in price discrimination. B) it can only ... (Read 58 times)

RODY.ELKHALIL

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on: Jul 1, 2018
If a firm faces a flat demand curve,
 
  A) it cannot engage in price discrimination.
  B) it can only engage in two-part tariffs.
  C) it can only engage in perfect price discrimination.
  D) None of the above.

Question 2

Mouthwash is sold in 24 oz bottles for 2.40 and in 12 oz. bottles for 1.20. This represents
 
  A) price differentiation.
  B) price discrimination.
  C) marginal cost pricing.
  D) None of the above.
Microeconomics ¦ Perloff ¦ 8th Edition
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dantucker

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Reply #1 on: Jul 1, 2018
Answer to Question 1

A

Answer to Question 2

D


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