This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Consider a monopolist that is able to distinguish between two distinct market segments, A and B, for ... (Read 66 times)

dekbert

  • Full Member
  • ***
  • Posts: 140
on: Oct 12, 2022
Consider a monopolist that is able to distinguish between two distinct market segments, A and B, for its product. Marginal cost is constant at $18 for each unit produced. The firm is currently selling its output at a single price and allocating its output across segments such that marginal revenue in segment A is $25 and marginal revenue in segment B is $15. Is this firm maximizing its profit?
◦ Yes, because since marginal cost is constant, the firm must set a single price.
◦ Yes, because it has set a price such that MC is between the MRs of the two market segments.
◦ No, because it is only possible to equate MR and MC when there is a single MR curve.
◦ No, this firm can increase its profits by price discriminating across the two market segments.
Microeconomics ¦ Ragan ¦ 17th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by dekbert on Oct 12, 2022

ellie

  • Full Member
  • ***
  • Posts: 168
Reply #1 on: Oct 12, 2022
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 35% of students answer this correctly


dekbert

  • Member
  • Posts: 140
Reply 2 on: Oct 12, 2022
Great answer, keep it coming :)

sailorcrescent

  • Member
  • Posts: 334
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Two species of diatoms showing clearly distinct morphologies. Two species of diatoms showing clearly distinct morphologies.
Examples of Ways That Different Types of Intersections of Two Line Segments Can Be Transformed into Examples of Ways That Different Types of Intersections of Two Line Segments Can Be Transformed into
Cumulative change for six personality-trait domains across the life course show distinct patterns. Cumulative change for six personality-trait domains across the life course show distinct patterns.
Main Hall, Trajan's Market Main Hall, Trajan's Market
Hydroelectric power: 2013 Global Market Hydroelectric power: 2013 Global Market
Sulfur dioxide is a toxic gas, has a distinct, pungent odor, and contributes to acid rain and ... Sulfur dioxide is a toxic gas, has a distinct, pungent odor, and contributes to acid rain and ...
Video: Cerebral Cortex Animation

For a complete list of videos, visit our video library