All of the following might explain a firm offering quantity ...

[RRMR]

All of the following might explain a firm offering quantity discounts except:
 a. lower costs of handling large orders.
  b. an inelastic demand for the good.
  c. monopoly power in this market.
  d. existence of some high and some low demand consumers.

Question 2

Perfect price discrimination
 a. is a common occurrence in situations with many buyers.
  b. occurs fairly often in situations with only a few buyers.
  c. is only observed in competitive markets.
  d. rarely occurs because firms do not have sufficient power to differentiate among specific buyers.

[jrpg123456]

Answer to Question 1

b

Answer to Question 2

d