Biology Forums - Study Force

Question 1.

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 per-unit price?

• $28

• $24

• $12

• $8

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 revenue collected from the fixed fee portion of the price?

• $10,240

• $7,870

• $2,560

• $1,440

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