Multiple Choice
Refer to the information provided.If Black Box Pay TV is unable to price discriminate, what price will it choose to maximise its profit and what is the amount of profit?
A) price = $15, profit = $600 000
B) price = $200, profit = $1 000 000
C) price = $200, profit = $750 000
D) price = $15, profit = $350 000
Correct Answer:
Verified
Correct Answer:
Verified
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