Search
.Management Sciences
A. Perfect price discrimination generates a deadweight loss
B. Price discrimination can raise economic welfare.
C. price discrimination requires that seller be able to separate buyers according to their willingness to pay.
D. Price discrimination increases a monopolist’s profits.
E. For a monopolist to engage in price discrimination buyers must be unable to engage in arbitrage.
Related Mcqs:
- Thomas is a monopolist in the production of your textbook because ?
- A. Thomson has a legally protected exclusive right to produce this textbook B. Thomson owns a key resource in the production of textbooks. C. Thomson is a natural monopoly, D. Thomson is a very large company...
- The inefficiency associated with monopoly is due to ?
- A. underproduction of the good B. the monopoly’s profits C. the monopoly’s losses D. overproduction of the good...
- The marginal revenue curve in monopoly ?
- A. Equals the demand curve B. Is parallel with the demand curve C. Lies below and converges with the demand curve D. Lies below and diverges from the demand curve...
- In monopoly in long run equilibrium ?
- A. The firm is Productively efficient B. The firm is allocatively inefficient C. The firm produces where marginal cost is less than marginal revenue D. The firm produces at the socially optimal level...
- If a marginal revenue exceeds marginal cost, a monopolists should?
- A. increase should B. decrease output C. keep output the same because profits are maximized when marginal revenue exceeds marginal cost D. raise the price...
Recent Comments