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Posts: 168
2 months ago Edited: 2 months ago, bio_man

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
Source  Download
Microeconomics
Edition: 7th
Authors:
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Answer verified by a subject expert
wrote...
Posts: 163
Rep: 8 0
2 months ago
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Answer 1

a and c only

Answer 2

320 units
1
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2 months ago
Thank you, thank you, thank you!
wrote...
2 months ago
You're welcome
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