Refer to the Following Table to Answer the Following Questions

question 110

Multiple Choice

Refer to the following table to answer the following questions:

-Isabelle is the only provider of bottled water for three cities.Because she has access to a natural spring,the marginal cost to produce an additional bottle is $0.As she knows,firms discriminate to improve profits.How much would her firm earn in additional profit if she practiced price discrimination across cities,charging a different price in each city versus charging everyone a single price?

• A) $9
• B) $10
• C) $20
• D) $30
• E) $5

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Definitions:

Extrinsic Job Satisfaction

Satisfaction from external job factors such as pay, working conditions, and benefits, rather than the nature of the work itself.

Potential Status

A speculative measure of what status or level of achievement a person or thing could eventually realize or attain.

Ongoing Training

Continuous education and skill development activities provided to employees or individuals to enhance their job performance or personal growth.

Occupational Outlook Handbook

A publication by the United States Department of Labor that provides information on the functions, education requirements, and future outlook of various professions.