A price-discriminating monopoly firm will tend to charge a higher ...

[nramada]

A price-discriminating monopoly firm will tend to charge a higher price to customers with a greater willingness to pay than it does to customers with a lower willingness to pay.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Any terms of trade within the limits set by domestic opportunity costs will be mutually harmful, because each country tries to push the other as close to the limits of the terms of trade as possible.
 a. True
  b. False
  Indicate whether the statement is true or false

[HandsomeMarc]

Answer to Question 1

True

Answer to Question 2

False