Biology Forums - Study Force

Other Fields Homework Help Economics Topic started by: whatsupgirl16 on Feb 28, 2019



Title: Because each customer pays according to her willingness to pay, a consumer maximizes her consumer ...
Post by: whatsupgirl16 on Feb 28, 2019

Question 1.

If a monopolist engages in first-degree price discrimination, it will produce the same output level as a perfectly competitive industry.

• true

• false

Question 2.

Because each customer pays according to her willingness to pay, a consumer maximizes her consumer surplus under first-degree price discrimination.

• true

• false


Title: Because each customer pays according to her willingness to pay, a consumer maximizes her consumer ...
Post by: ShayT0923 on Feb 28, 2019

Answer 1

true

Answer 2

false