Which of the Following Is True of a Price Discriminating

question 49

Multiple Choice

Which of the following is true of a price discriminating monopolist employing a two-part tariff on consumers having different demands?

• A)They earn less profit than the non-price discriminating monopolists.
• B)They supply an output which is higher than the non-price discriminating monopoly output.
• C)They set a price that is higher than the non- price discriminating monopoly price.
• D)They set an entry fee which is more than the total consumer surplus.

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Definitions:

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Genetic condition caused by an abnormal number of nucleotide repeats; named after the appearance, and not physical characteristics,

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