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Author Question: In the case of a perfectly price-discriminating monopoly, there is no A) transfer of consumer ... (Read 59 times)

Pea0909berry

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on: Jun 29, 2018
In the case of a perfectly price-discriminating monopoly, there is no
 
  A) transfer of consumer surplus to the producer.
  B) deadweight loss.
  C) short-run economic profit.
  D) long-run economic profit.

Question 2

Information can be thought of as a
 
  A) non-economic piece of data.
  B) violation of the invisible hand idea that the pursuit of self-interest promotes social interest.
  C) good whose marginal benefit is infinite.
  D) good whose marginal benefit decreases as more information is acquired.


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tranoy

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

B

Answer to Question 2

D


Pea0909berry

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Reply #2 on: Jun 29, 2018
Thank you


tranoy

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Reply #3 on: Jun 29, 2018
No problemo


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