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Author Question: Refer to Table 19-11. Nominal GDP for Tyrovia in 2016 equals A) 1,140. B) 880. C) 690. D) ... (Read 102 times)

lracut11

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on: Jun 29, 2018
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.
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
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wuly

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

B


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lracut11

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Reply #2 on: Jun 29, 2018
Thank you


wuly

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Reply #3 on: Jun 29, 2018
No problemo


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