Refer to Table 19-11. Nominal GDP for Tyrovia in 2016 equals ...

[lracut11]

Refer to Table 19-11. Nominal GDP for Tyrovia in 2016 equals
 
  A) 1,140. B) 880. C) 690. D) 560.

Question 2

A firm using a two-part tariff faces a tradeoff because
 
  A) any increase in consumer surplus must be offset by a decrease in producer surplus.
  B) the only way to increase the fixed-fee portion of the price is to lower the per-unit portion of the price.
  C) the only way to increase total revenue is to lower per-unit profit.
  D) the smaller the variation between the parts of the price, the greater the deadweight loss generated by the pricing scheme.

[wuly]

Answer to Question 1

A

Answer to Question 2

B

[lracut11]

Thank you

[wuly]

No problemo