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Author Question: To maximize profit, a monopolist will produce and sell a quantity such that for the last unit sold, ... (Read 73 times)

biggirl4568

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on: Jun 29, 2018
To maximize profit, a monopolist will produce and sell a quantity such that for the last unit sold, marginal revenue equals marginal cost, and charges a price given by the demand curve at that output level.
 
  Indicate whether the statement is true or false

Question 2

Which of the following is not a way by which price-discriminating firms can segment a market?
 
  A) on the basis of the supplier's marginal cost of production, for example requiring customers to pay a premium for customizing options
  B) on basis of the buyer's location, for example requiring out-of-state students to pay higher tuition
  C) on the basis of time of purchase, for example long-distance calling
  D) by requiring an advance purchase, for example airline tickets
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ankilker

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Reply #1 on: Jun 29, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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biggirl4568

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

strudel15

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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