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Which of the following statements is true about optimal two-part tariff and perfect price ...

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Which of the following statements is true about optimal two-part tariff and perfect price ...

Which of the following statements is true about optimal two-part tariff and perfect price discrimination for a given demand curve?

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The total revenue received under an optimal two-part tariff exceeds that received under perfect price discrimination.

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The total revenue received under an optimal two-part tariff could be greater than, less than, or equal to that received under perfect price discrimination, depending on the fixed-fee portion of the two-part tariff.

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The total revenue received under the two pricing schedules is the same.

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The total revenue received under an optimal two-part tariff is less than that received under perfect price discrimination.

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InMicro

Edition: 1^st

Authors: Hubbard, O'Brien

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