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Title: With an optimal two-part tariff Post by: spruckj on Feb 28, 2019 Question 1. One method of setting price using the cost-plus method is to add• a given percentage of marginal cost to marginal cost of production. • a given percentage of fixed cost to total fixed cost. • a given percentage of average total cost to average total cost. • a given percentage of average variable cost to average total cost. Question 2. With an optimal two-part tariff• consumer surplus equals producer surplus. • all consumer surplus is transformed into profit. • consumers maximize consumer surplus. • the firm earns zero profit. Title: With an optimal two-part tariff Post by: ShayT0923 on Feb 28, 2019 Content hidden
Title: With an optimal two-part tariff Post by: spruckj on Feb 28, 2019 Helps a lot... Now I'm ready for my quiz
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