Author Question: It is easier for a monopolist to price discriminate between groups for a service than for a good ... (Read 96 times)

urbanoutfitters · **on:** Jun 29, 2018

It is easier for a monopolist to price discriminate between groups for a service than for a good because

A) it is easier to calculate average willingness to pay for services.
B) it is easier to distinguish between groups of customers for services than customers for goods.
C) it is easier for consumers to resell goods than resell services.
D) customers for goods usually do not differ with respect to their average willingness to pay.

Question 2

The change in total cost from producing another unit of output equals the

A) average total cost.
B) variable cost.
C) average variable cost.
D) marginal cost.