Title: Refer to Figure 16-5. Suppose the firm represented in the diagram decides to use a ...
Post by: daniellasousa on Feb 28, 2019
Question 1.
Consider the following pricing strategies:| a. | perfect price discrimination |
| b. | charging different prices to different groups of customers |
| c. | optimal two-part tariff |
| d. | single-price monopoly pricing |
Which of the pricing strategies leads to the economically efficient output level?
• a only
• a and b only
• a and c only
• a, b, and c only
Question 2.
Figure 16-5
Refer to Figure 16-5. Suppose the firm represented in the diagram decides to use a two-part pricing strategy such that it charges a fixed fee and a per-unit price equal to the monopoly price. (This is also called a two-part tariff.) What is the quantity it should produce?
• 240 units
• 320 units
• 480 units
• 560 units
Title: -5Refer to Figure 16-5. Suppose the firm represented in the diagram decides to use a ...
Post by: vande746 on Feb 28, 2019
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Title: -5Refer to Figure 16-5. Suppose the firm represented in the diagram decides to use a ...
Post by: daniellasousa on Feb 28, 2019
Thank you, thank you, thank you!