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

Author Question: A perfect price discriminating equilibrium maximizes A) consumer surplus. B) the associated ... (Read 21 times)

iveyjurea

  • Hero Member
  • *****
  • Posts: 555
A perfect price discriminating equilibrium maximizes
 
  A) consumer surplus.
  B) the associated deadweight loss.
  C) the market inefficiency.
  D) total welfare.

Question 2

Indifference curves are downward sloping because of the assumption of
 
  A) completeness.
  B) transitivity.
  C) more is better.
  D) All of the above.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Heffejeff

  • Sr. Member
  • ****
  • Posts: 336
Answer to Question 1

D

Answer to Question 2

C




iveyjurea

  • Member
  • Posts: 555
Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review


steff9894

  • Member
  • Posts: 337
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

Medication errors are three times higher among children and infants than with adults.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

For a complete list of videos, visit our video library