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Author Question: Third-degree price discrimination involves A) charging each consumer the same two part tariff. ... (Read 60 times)

Deast7027

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on: Jul 1, 2018
Third-degree price discrimination involves
 
  A) charging each consumer the same two part tariff.
  B) charging lower prices the greater the quantity purchased.
  C) the use of increasing block rate pricing.
  D) charging different prices to different groups based upon differences in elasticity of demand.

Question 2

Refer to Figure 7.1. At what level of output are average total cost, average cost, average fixed cost and marginal cost increasing?
 
  A) Q2
  B) Q3
  C) Q4
  D) Q5
  E) none of the above


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dlook33

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

D

Answer to Question 2

E


Deast7027

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Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

Missbam101

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Reply 3 on: Yesterday
Excellent

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