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 73 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 :)

TheNamesImani

  • Member
  • Posts: 334
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

Demonstrate the Application of Triangular, Figure-Eight, and Tubular Bandages Demonstrate the Application of Triangular, Figure-Eight, and Tubular Bandages
Pharmacotherapy Illustrated Pharmacotherapy Illustrated
Forearm application to engage the common fascial restrictions in the trapezius and levator scapula ... Forearm application to engage the common fascial restrictions in the trapezius and levator scapula ...
How much voltage does the resistor drop in Figure 10-2? a. 59 mV b. 19.94 V c. 20 V d. 10 V How much voltage does the resistor drop in Figure 10-2? a. 59 mV b. 19.94 V c. 20 V d. 10 V
Lod Score Values for the Families in Figure 5.15 Lod Score Values for the Families in Figure 5.15
Video: Interview with Person who has Schizophrenia

For a complete list of videos, visit our video library