(a) the firm cannot exercise price discrimination. (b) profit is maximized. (c) the firm can increase profits by increasing output. (d) the firm can increase profits by decreasing output. (e) marginal revenue equals average revenue.
【題目】 The prisoners’ dilemma is a simple game in which: no one gains because each acts independently. both parties are made worse off by following their own self-interests. one party is made better off and another worse off by following indepen ...
【題目】 Nick can purchase each milkshake for $2. For the first milkshake purchased Nick is willing to pay $4, for the second milkshake $3, for the third milkshake $2 and for the fourth milkshake $1. What is the value of Nick's consumer surplus? $10 $2 &n ...
【題目】 Raisin bran and milk are complementary goods. A decrease in the price of raisins will decrease consumer surplus in the market for raisin bran and increase producer surplus in the market for milk. decrease consumer surplus in the market for raisin bran a ...