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Author Question: Third-degree price discrimination involves A) charging each consumer the same two part tariff. ... (Read 113 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
Great answer, keep it coming :)

AngeliqueG

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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