Author Question: Two-part tariffs offer a mechanism whereby the firm can A) charge two different prices to ... (Read 37 times)

tsand2 · **on:** Jul 1, 2018

Two-part tariffs offer a mechanism whereby the firm can

A) charge two different prices to distinct groups of customers.
B) collect two times as much from consumers as a single-price monopoly can.
C) capture some or all of the consumer surplus.
D) reduce some of its fixed costs.

Question 2

Which of the following is not a step involved in cost-benefit analysis?

a. Conversion of the costs and benefits to dollar terms.
b. Enumeration of the costs and benefits.
c. Enumeration of the special interests.
d. Enumeration of the options.