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Author Question: Price discrimination, where different units of a good are sold for different prices A) is ... (Read 92 times)

ETearle

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on: Jun 29, 2018
Price discrimination, where different units of a good are sold for different prices
 
  A) is impossible because there can only be one market price.
  B) can be effectively practiced by all monopolists.
  C) maximizes consumer welfare because each consumer pays only the price he or she is willing to pay.
  D) is possible if the good cannot be resold.

Question 2

The relative price of a magazine in the above figure is
 
  A) 0.5 of a hamburger per magazine.
  B) 1 hamburger per magazine.
  C) 1.33 hamburgers per magazine.
  D) 8 hamburgers per magazine.


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marict

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

D

Answer to Question 2

C


ETearle

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Reply #2 on: Jun 29, 2018
Thank you


marict

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Reply #3 on: Jun 29, 2018
No problemo


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