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Author Question: The manager of a firm is attempting to practice third degree price discrimination. She has equated ... (Read 90 times)

james

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on: Jul 1, 2018
The manager of a firm is attempting to practice third degree price discrimination. She has equated the marginal revenue in each of her markets. By doing this her
 
  A) profits are maximized.
  B) costs are minimized given her level of output.
  C) revenues are maximized given her level of output.
  D) all of the above

Question 2

Refer to Figure 9.3. If the government establishes a price ceiling of 1.00, the resulting deadweight loss will be
 
  A) 1.50.
  B) 200.
  C) 150.
  D) 300.
  E) 600.


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mk6555

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Reply #1 on: Jul 1, 2018
Answer to Question 1

C

Answer to Question 2

C


james

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Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

billybob123

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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