In the case of a perfectly price-discriminating monopoly, there ...

[Pea0909berry]

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.

[tranoy]

Answer to Question 1

B

Answer to Question 2

D

[Pea0909berry]

Thank you

[tranoy]

No problemo