Author Question: If a monopolist is able to price discriminate: a. consumer surplus is increased. b. the welfare ... (Read 89 times)

@Brianna17 · **on:** Jun 30, 2018

If a monopolist is able to price discriminate:
a. consumer surplus is increased.
b. the welfare loss from monopoly is increased.
c. producer surplus is decreased.
d. some consumer surplus and deadweight losses are transformed into monopoly profits.

Question 2

The most successful free trade agreements achieve all of the following goals, except:
a. benefiting exporters by increasing exports to member countries.
b. increasing the volume of trade without changing the pattern of trade.
c. benefiting consumers by making a wider variety of goods available at a lower price.
d. stimulating trade creation to allow the benefits of trade to be realized.
e. protecting domestic industries from foreign competition.