This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If the monopoly illustrated in the figure above could engage in perfect price discrimination, the ... (Read 33 times)

mp14

  • Hero Member
  • *****
  • Posts: 534
on: Jun 29, 2018
If the monopoly illustrated in the figure above could engage in perfect price discrimination, the deadweight loss would be
 
  A) 0.
  B) 22.50.
  C) 90.00.
  D) 250.00.

Question 2

La Super Rica is a taco stand in Santa Barbara, California. It is popular with the locals and even the late Julia Child found the food delicious.
 
  If La Super Rica is currently producing where marginal revenue is greater than marginal cost, to increase its profit La Super Rica should A) increase production.
  B) decrease production.
  C) not change its production because it is maximizing its profit.
  D) Not enough information is given to determine what La Super Rica should do.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Hikerman221

  • Sr. Member
  • ****
  • Posts: 346
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

A


mp14

  • Member
  • Posts: 534
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

xoxo123

  • Member
  • Posts: 335
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Did you know?

Aspirin is the most widely used drug in the world. It has even been recognized as such by the Guinness Book of World Records.

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

The segmented body plan of an annelid, as illustrated by an earthworm. The segmented body plan of an annelid, as illustrated by an earthworm.
In a project on job discrimination, Pager prepared identical résumés for the teams, but with one ... In a project on job discrimination, Pager prepared identical résumés for the teams, but with one ...
Figure and Ground Figure and Ground
Illustrated correlation between the Mendelian postulates of unit factors Illustrated correlation between the Mendelian postulates of unit factors
"The Department of Agriculture came out today with its prediction for food price "The Department of Agriculture came out today with its prediction for food price
Early Amphibians Illustrated Early Amphibians Illustrated
Video: Chemical Changes

For a complete list of videos, visit our video library