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Author Question: Block pricing A) is a form of nonlinear price discrimination. B) is pricing where one price is ... (Read 104 times)

Marty

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on: Jul 1, 2018
Block pricing
 
  A) is a form of nonlinear price discrimination.
  B) is pricing where one price is charged for the first block of units purchased, and different prices for subsequent blocks.
  C) can be either use increasing or decreasing prices for blocks purchased.
  D) All of the above.

Question 2

A firm sets its output where
 
  A) marginal profit minus marginal cost equals zero (MP - MC = 0).
  B) marginal revenue minus marginal profit equals zero (MR - MP = 0).
  C) marginal revenue minus marginal cost equals zero (MR - MC = 0).
  D) marginal revenue minus marginal cost is greater than zero (MR - MC > 0)


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Qarqy

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

D

Answer to Question 2

C


Marty

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Reply #2 on: Jul 1, 2018
Correct answers!


Qarqy

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Reply #3 on: Jul 1, 2018
Great! Please up vote :D


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