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Author Question: A monopolist that engages in perfect price discrimination a. divides all buyers into two mutually ... (Read 42 times)

Frost2351

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on: Jun 30, 2018
A monopolist that engages in perfect price discrimination
 a. divides all buyers into two mutually exclusive groups
  b. refuses to sell to consumers of certain races, sexes, or creeds
  c. charges the same price for every unit sold
  d. charges a different price for every unit sold
  e. charges buyers who want a little of the good a low price and charges buyers who want a lot of the good a high price

Question 2

If the Herfindahl index is the same in two industries, we can conclude that
 a. the number of firms in each industry is the same
  b. there must not be the same number of firms in the two industries
  c. the sum of the squared market shares of all firms is the same in the two industries
  d. there must be an identical distribution of market share among firms in the two industries
  e. there must be a different distribution of market share among firms in the two industries


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InfiniteSteez

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Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

C


Frost2351

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

nathang24

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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