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Author Question: In the figure above, the total revenue of a perfectly price-discriminating monopolist at the ... (Read 250 times)

jayhills49

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on: Jun 29, 2018
In the figure above, the total revenue of a perfectly price-discriminating monopolist at the profit-maximizing output is equal to the area of
 
  A) 0aij.
  B) 0dgh.
  C) aci.
  D) obeij.

Question 2

When a firm experiences economies of scale, its ________ cost curve slopes ________ as output increases.
 
  A) long-run average; downward
  B) short-run average total; downward
  C) short-run marginal cost; downward
  D) long-run average; upward


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heinisk01

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

A


jayhills49

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  • Posts: 559
Reply 2 on: Jun 29, 2018
Excellent

amcvicar

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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