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Author Question: With perfect price discrimination ________, and production is expanded until marginal revenue equals ________. (Read 49 times)

cherise1989

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on: May 24, 2019
With perfect price discrimination ________, and production is expanded until marginal revenue equals ________.
◦ the firm's demand curve becomes its marginal revenue curve; marginal cost
◦ the firm's demand curve becomes its marginal revenue curve; average total cost
◦ the firm's marginal revenue curve bisects the angle with which demand intersects the price-axis; marginal cost
◦ the firm's marginal revenue curve bisects the angle with which demand intersects the price-axis; average total cost
◦ economic profit is maximized when the lowest price equals marginal cost; average total cost
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by cherise1989 on May 24, 2019

ciecieme

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Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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cherise1989

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Reply #2 on: May 24, 2019
Thank you!


ciecieme

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Reply #3 on: May 24, 2019
Always glad to help...


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