Under perfect price discrimination, marginal profit at each level of output equal A) 0. B) P

Author Question: Under perfect price discrimination, marginal profit at each level of output equal A) 0. B) P - ... (Read 52 times)

skymedlock

Hero Member
Posts: 561

on: Jul 1, 2018

Under perfect price discrimination, marginal profit at each level of output equal

A) 0.
B) P - AC.
C) P - MC.
D) P - AR.

Question 2

Refer to Figure 9.3. If the government establishes a price ceiling of 1.00, how many pounds of berries will be sold?

A) 200
B) 300
C) 400
D) 600
E) 800

leeeep

Sr. Member
Posts: 315

Reply #1 on: Jul 1, 2018

Answer to Question 1

C

Answer to Question 2

A

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