This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A firm setting a two-part tariff with only one customer should set the entry fee equal to A) ... (Read 33 times)

cabate

  • Hero Member
  • *****
  • Posts: 537
on: Jul 1, 2018
A firm setting a two-part tariff with only one customer should set the entry fee equal to
 
  A) marginal cost.
  B) consumer surplus.
  C) marginal revenue.
  D) price.

Question 2

The market supply curve for music downloads is Q = 135(P-1 ) where Q is millions of downloads and P is the price in dollars per track.
 
  If the current price is 1.20 per download, what is the change in producer surplus if the price increases by 0.20 per track?
  A) 5.4 million
  B) 8.1 million
  C) 10.8 million
  D) 27 million


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

rekilledagain

  • Sr. Member
  • ****
  • Posts: 337
Reply #1 on: Jul 1, 2018
Answer to Question 1

B

Answer to Question 2

B


cabate

  • Member
  • Posts: 537
Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review

Viet Thy

  • Member
  • Posts: 329
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

IV bolus administration. (a) The part is cleaned IV bolus administration. (a) The part is cleaned
How to solve two inequalities at once (Part 2) How to solve two inequalities at once (Part 2)
How to find the unknown angle of a triangle using the sine law (Part 2) How to find the unknown angle of a triangle using the sine law (Part 2)
part a part a
part b part b
Question 37 Part 2 Question 37 Part 2
Video: Protein digestion - stomach & small intestine

For a complete list of videos, visit our video library