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Author Question: Which of the following products would most easily lend itself to successful price discrimination by ... (Read 79 times)

fungirl

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Question 1

If a monopolist is practicing perfect price discrimination, then
◦ demand must be inelastic.
◦ the producer surplus is zero.
◦ consumer surplus is zero.
◦ the monopolist is not profit maximizing.
◦ costs are lower than for the non-price-discriminating monopolist.

Question 2

Which of the following products would most easily lend itself to successful price discrimination by a monopolist?
◦ mobile phones
◦ pianos
◦ electricity
◦ transport trucks
◦ restaurant meals


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Marked as best answer by fungirl on Oct 12, 2022

bobbbbb

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fungirl

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Reply 2 on: Oct 12, 2022
YES! Correct, THANKS for helping me on my review


bbburns21

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Reply 3 on: Yesterday
Wow, this really help

 

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