Assume That a Firm Is Able to Use an Optimal

question 6

Essay

Assume that a firm is able to use an optimal two-part tariff.
a.Is the outcome economically efficient? Why or why not?
b.What happens to consumer surplus?
c.Does this represent perfect price discrimination? Why or why not?

---

Definitions:

Lengel-Daft Contingency Model

A theoretical framework proposing that the effectiveness of communication processes within organizations depends on the complexity and uncertainty of tasks being performed.

Media Selection

The process of choosing the most effective media channels to communicate a message to a target audience.

Translator

A translator is a person or device that converts written text from one language to another, aiming to maintain the original meaning, tone, and context.

Spray And Pray

A communication method where information is sent out in large quantities without specific targeting, often with the hope that some of the message will be received and acted upon by someone.