A perfectly discriminating monopolist converts every dollar of ...

[geoffrey]

A perfectly discriminating monopolist converts every dollar of producer surplus into economic profit.
 a. True
  b. False

Question 2

Which of the following markets would have the highest Herfindahl index? A market with
 a. ten firms of widely different sizes
  b. ten firms of approximately the same size
  c. five firms of widely different sizes
  d. five firms of approximately the same size
  e. eight firms exactly the same size

[kalskdjl1212]

Answer to Question 1

B

Answer to Question 2

C

[geoffrey]

Thanks for the timely response, appreciate it

[bassamabas]

Wow, this really help