Marginal cost typically ________ and marginal revenue typically ...

[pragya sharda]

Marginal cost typically ________ and marginal revenue typically _________ with increasing output.
 a. rises; falls
  b. falls; rises
  c. rises; rises
  d. falls; falls

Question 2

For direct price discrimination to work
 a. The firm need not be able to identify the members of the low-value group
 b. The firm be able to charge the low-value customers a lower price than the higher-value customers
  c. The firm need not worry about any arbitrage since all its customers are charged the same price
  d. It needs to be too complicated for the customers to understand

[tashiedavis420]

Answer to Question 1

a

Answer to Question 2

b