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.
Correct Answer:
Verified
Correct Answer:
Verified
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