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wildcat290 wildcat290
wrote...
Posts: 509
5 years ago

Question 1.

One reason why McDonald's charges a single price for its products is that it is difficult and costly for the company to determine each individual consumer's willingness to pay.

• true

• false

Question 2.

Both first-degree price discrimination and optimal two-part tariff pricing maximize economic surplus.

• true

• false
Textbook 
Microeconomics

Microeconomics


Edition: 7th
Authors:
Read 64 times
2 Replies

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Replies
wrote...
5 years ago

Answer 1

true

Answer 2

true
wildcat290 Author
wrote...
5 years ago
Appreciate the effort, thank you!
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