When firms price discriminate, they

[jc611]

Question 1

If a firm faces a flat demand curve,
◦ it cannot engage in price discrimination.
◦ it can only engage in two-part tariffs.
◦ it can only engage in perfect price discrimination.
◦ None of these.

Question 2

When firms price discriminate, they
◦ get additional surplus from consumers who would have bought at the profit-maximizing uniform price but lose sales because of the higher prices.
◦ maintain surplus from existing consumers but pick up additional consumers that would not have bought at the profit-maximizing uniform price.
◦ get additional surplus from consumers who would have bought at the profit-maximizing uniform price.
◦ None of these.

[rosiehomeworddo]

A FREE account is required to view all solutions! Click to Register

Login with Facebook Login with Google Login with Email

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.

Answer Preview

Only 39% of students answer this correctly

[jc611]

Thanks for the timely response, appreciate it

[momolu]

Excellent