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Author Question: Kids eat free in a fast food restaurant is an example of A) first-degree price discrimination. ... (Read 209 times)

tingc95

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on: Jul 1, 2018
Kids eat free in a fast food restaurant is an example of
 
  A) first-degree price discrimination.
  B) second-degree price discrimination.
  C) third-degree price discrimination.
  D) no price discrimination.

Question 2

Because a monopoly ignores external costs, it is possible that it will
 
  A) produce the socially optimal quantity of a good.
  B) produce more than the socially optimal quantity of a good.
  C) produce less than the socially optimal quantity of a good.
  D) All of the above.


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rekilledagain

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

C

Answer to Question 2

D


tingc95

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Reply #2 on: Jul 1, 2018
Thank you :)


rekilledagain

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Reply #3 on: Jul 1, 2018
Happy to help you


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