Author Question: If a firm's rent increases, it will affect its cost structure in which of the following ways? A) ... (Read 88 times)

lbcchick · **on:** Jul 1, 2018

If a firm's rent increases, it will affect its cost structure in which of the following ways?

A) AVC will increase.
B) MC will increase.
C) TFC will increase.
D) All of the above will increase.

Question 2

When a firm has a monopoly in a market and also perfectly price discriminates, total welfare

A) is maximized.
B) is lower than in a perfectly competitive market.
C) is higher than in a perfectly competitive market.
D) is minimized.