Author Question: The more block prices a monopoly can set instead of setting a single price, A) the smaller the ... (Read 62 times)

michelleunicorn

  • Hero Member
  • *****
  • Posts: 565
The more block prices a monopoly can set instead of setting a single price,
 
  A) the smaller the deadweight loss.
  B) the more producer surplus.
  C) the larger the total welfare.
  D) All of the above.

Question 2

Declining-block quantity discrimination makes sense if
 
  A) buyers of smaller quantities are more price sensitive than buyers of larger quantities.
  B) buyers of smaller quantities are less price sensitive than buyers of larger quantities.
  C) demand for the good is perfectly elastic.
  D) the lower price for larger quantities encourages all consumers to purchase the larger quantity.


Natalie4ever

  • Sr. Member
  • ****
  • Posts: 335
Answer to Question 1

D

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

For a complete list of videos, visit our video library