Use the Following to Answer Questions

question 45

Multiple Choice

Use the following to answer questions:
Scenario: A Small-Town Monopolist
A monopolist sells cable subscriptions in a small town and finds that it can sell 100 subscriptions when the price is $15 a week and an additional 75 subscriptions when the price is $10 a week. The MC for the provision of the cable is $5 a week. There are no fixed costs.
-(Scenario: A Small-Town Monopolist) Look at the scenario A Small-Town Monopolist. Compared to charging a single price, the deadweight loss:

• A) increases when this monopolist price-discriminates.
• B) decreases when this monopolist price-discriminates.
• C) stays the same when this monopolist price-discriminates.
• D) is equal to zero.

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Definitions:

Recruitment Drive

An intensive effort or campaign by an organization to attract and hire new employees.

HR Audit

A comprehensive evaluation of an organization’s Human Resources policies, practices, procedures, and strategies to protect the company, ensure regulatory compliance, and improve the overall workforce performance.

Employee Appraisal

A systematic evaluation of an employee's performance and productivity, typically for feedback or development purposes.

Development Programs

Initiatives or structured plans designed to improve the knowledge, skills, and abilities of employees, promoting personal and professional growth and supporting organizational goals.