This topic contains a solution. Click here to go to the answer

Author Question: The manager of a firm is attempting to practice third degree price discrimination. She has equated ... (Read 88 times)

james

  • Hero Member
  • *****
  • Posts: 573
The manager of a firm is attempting to practice third degree price discrimination. She has equated the marginal revenue in each of her markets. By doing this her
 
  A) profits are maximized.
  B) costs are minimized given her level of output.
  C) revenues are maximized given her level of output.
  D) all of the above

Question 2

Refer to Figure 9.3. If the government establishes a price ceiling of 1.00, the resulting deadweight loss will be
 
  A) 1.50.
  B) 200.
  C) 150.
  D) 300.
  E) 600.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mk6555

  • Sr. Member
  • ****
  • Posts: 310
Answer to Question 1

C

Answer to Question 2

C




james

  • Member
  • Posts: 573
Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review


scottmt

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

For a complete list of videos, visit our video library