In Third- Degree Price Discrimination, to Determine the Total Quantity

question 81

Multiple Choice

In third- degree price discrimination, to determine the total quantity produced, the firm sets its equal______ to its ______.

• A)overall marginal revenue; marginal cost
• B)individual market marginal revenue; marginal cost
• C)overall marginal revenue; average total cost
• D)individual market marginal revenue; average total cost

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Definitions:

Proper Temperature

The optimal or required temperature necessary to maintain the efficiency, safety, or survival of a process, organism, or device.

Sterilization

A process aimed at destroying all forms of living microorganisms to prevent infection and contamination.

Disinfection

Destruction of pathogenic microorganisms or their toxins or vectors by direct exposure to chemical or physical agents.

Dry Heat Processes

Methods of sterilization or cooking that use hot air or fire, as opposed to moisture or steam, to achieve their effects.